Argentina's Economic Shock Measures: Anxiety, Resignation, and Milei's Big Victory

TL;DR Summary
Anxiety and concern grip Argentina as President Javier Milei's administration implements economic shock measures, including a 50% devaluation of the peso, subsidy cuts, and the closure of some ministries. While Milei argues that these steps are necessary to combat triple-digit inflation and achieve sustainable economic growth, many Argentines are worried about the impact on their daily lives, including increased transportation costs, rising prices, and job losses. Supporters hope for positive change, while critics warn of short-term pain and potential negative consequences.
- Anxiety and resignation in Argentina after Milei's economic shock measures The Associated Press
- Javier Milei Has Tapped Into the Discontent of a New, Informal Working Class Jacobin magazine
- Argentina to devalue peso by over 50% as part of emergency economic reforms CNN
- On Day One of Argentina Overhaul, Milei Scores a Big Victory Bloomberg
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