The political establishment’s failure to fix decades of crisis in Argentina explains the tide of popular rage that vaulted the irascible Javier Milei, a self-declared “anarcho-capitalist,” to the presidency.
Soon after entering office in 2023 on the heels of the country’s worst economic crisis in two decades, Mr Milei dissolved or defunded more than a dozen ministries as part of efforts to eliminate Argentina’s monumental deficits by cutting the size of the state.His economic reforms thrilled international investors but also depressed economic activity.
I mean there’s an economic crisis happening right now, so not sure how poverty levels could possible be lower in these conditions https://www.msn.com/en-gb/news/world/panic-in-argentina-as-economy-on-brink-of-collapse-742m-meltdown/ar-AA1MZM44