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.
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