One year of Milei’s Argentina: Is ‘shock therapy’ working? • FRANCE 24 English
It’s been just over a year since Argentina elected Javier Milei as president. The political outsider had brandished a chainsaw as a symbol of his plans to cut government spending. So is Milei’s “shock therapy” working? FRANCE 24’s Kate Moody speaks to Juan Ignacio Carranza of Aurora Macro Strategies in Buenos Aires.
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20 comments
It seems Milei has already destroyed Argentina's economy, gone so much worse in less than one year
He’s changed an awful lot in only a year. But like most media channels negative Lefty undertones.
Milei is doing great. Im argentinian. They elected him to reduce inflation and he is doing it in time record. Also stopped the workers unions mafias. Thats why he has better image than an year ago.
A week later chachos (the pseudo currency from La Rioja) is gone! Well, that did not work very well, did it? Ave Miller!
bin all socialist constructs and allow a FREE Economy, everything else is a MAFIA.
Milei has done an incredible work. It will studied in schools in the future as a great economic turning point in Argentina.
"Shock Therapy" is a biased term coined by the leftist author Noami Klein to talk about ideas and policies she doesn't want, so she patologised it and despise those ideas.
intro music was shock therapy
Milei is doing a great job. But changes takes time when you come from comunism.
Javier Milei's biggest victims are those who voted for him. You reap what you sow.
Miles should talk with Trump at end of January…. to make a deal.
The US pays off the debt and Argentina becomes the 51st state or break it up abit at 4-5 states. Venezuela too….!
There was a time when Argentina helped bail out the USA economy at the request of JP Morgan. For real😮
This is the perfect time to visit Argentina. Trust me. They will love you😊
I don't see many hungry looking people in the video😮
what a weird, biased pro-milei video. "inflation is high but coming down" — "well, argentina has had double digit inflation for decades now". but when you actually look at the graph you see that since milei took office argintina's inflation is not in double digits but triple digits. and it's only coming down because it shot up to 300% and is now coming down to 200%, which is unprecendented in the last 20 years. the only valid answer for the video's title would have been: yes, but only if the aim was to increase poverty.
After 70 years of mismanagent finally Argentina has a government.
France 24 with its extreme left passion is crying on what Milei is doing.
"this is not monopoly money" , NO , Its exactly that , The provinces refuses to cut the spending , as the old politics did all these years , so , when they dont receive overblown discresional transfers (political favors) from the federal government , they start to print their own money , they dont learn …..THAT IS WHAT CAUSES INFLATION . Cut the spending , make things efficient so you dont have to print or indebt the future generations.
Kuznets said "There are developed countries, developing countries, Japan, and Argentina"
A socialist media outlet like France 24 will spread lies and misinformation to make it look bad
So basically his shock therapy is helping the well to do off people in Argentina whilst the poverty rate rises for everyone else.
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