Home Business news Why Trump is backing Argentina’s Thatcherite economics | Heather Stewart

Why Trump is backing Argentina’s Thatcherite economics | Heather Stewart

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While Javier Milei’s shock therapy to tame inflation has won support from Washington and the IMF, ordinary Argentinians seem less impressed

“We’re backing him 100%, we think he’s done a fantastic job. Like us, he inherited a mess.” Donald Trump gave his enthusiastic endorsement to Javier Milei’s radical economic experiment, when the pair met in New York last week.

The US has declared itself ready to offer more than rhetorical support to the chainsaw-wielding Argentine president in the coming days, as Buenos Aires stands on the brink of a fresh financial crisis.

Continue reading…While Javier Milei’s shock therapy to tame inflation has won support from Washington and the IMF, ordinary Argentinians seem less impressed“We’re backing him 100%, we think he’s done a fantastic job. Like us, he inherited a mess.” Donald Trump gave his enthusiastic endorsement to Javier Milei’s radical economic experiment, when the pair met in New York last week.The US has declared itself ready to offer more than rhetorical support to the chainsaw-wielding Argentine president in the coming days, as Buenos Aires stands on the brink of a fresh financial crisis. Continue reading…