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de-industrialization

Javier Milei Is Destroying Argentina’s Economy

Argentina is governed by a right-wing libertarian named Javier Milei. He proudly identifies as an “anarcho-capitalist”. His career has been cultivated by powerful billionaire oligarchs, such as Eduardo Eurnekián, who employed Milei and several of his cabinet members. Milei has also enjoyed the support of US billionaires like Elon Musk and Silicon Valley oligarch Peter Thiel. US President Donald Trump considers Milei to be an obedient ally. When he campaigned for president in 2023, Milei embraced the nickname “el loco” (the madman). He brought a chainsaw to rallies, pledging to cut government down to the bone.