https://www.newsweek.com/argentina-took-a-chainsaw-to-its-economy-it-now-needs-us-help-10780008
Argentina’s economy, recently hailed by some as a poster child for radical free market reform, now finds itself seeking American goodwill to navigate its latest crisis.
Milei—whom Trump has previously dubbed his “favorite president”—was the first foreign leader to meet the president after his victory over former Vice President Kamala Harris, and the Argentine's radical reforms have been viewed as the inspiration for Elon Musk during his time as symbolic chief of the Department of Government Efficiency (DOGE).
Handling inflation has been Milei’s crowning achievement, with the monthly rate now sitting at 1.9 percent as of August, compared to 25.5 percent the month he took office.
But despite this, and Milei’s cost-cutting moves helping to bring the country’s budget back into surplus, Argentina once again finds itself in economic turmoil. The currency is under attack, foreign reserves are dangerously low, and the country’s benchmark index has now fallen over 30 percent in the year-to-date.
Argentina is in the best shape economically and democratically its ever been. It has over a century of mismanagement to dig out from under. But its biggest crime? It's pro-Trump and therefore must be slandered and punished.
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