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Argentina’s Financial Chainsaw Massacre

The Spectator
May 9, 2024
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In The Spectator, Matthew Lynn examines the first quarterly budget surplus that Argentina has posted since 2008. President Javier Milei – who campaigned with a chainsaw to symbolize his financial plans – appears to be weathering the expectedly fierce resistance to his cost-cutting shock therapy. Lynn looks at how Milei got this far and suggests two lessons for governments hoping to replicate his success.

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