5d ago

Milei Promised Miracles, Delivered Chaos—Trump Is Next

I could not find a working pipped to front end the YT.

Javier Milei is brash and audacious and he loves Donald Trump. But in many ways Donald Trump is the one who is following Milei. Argentina has an 18 month head start on Russell Vought’s wet dream of implementing a harsh libertarian doctrine. For a while it looked like everything Milei did was succeeding. He tamed inflation, created an export surplus and got back on track with debt service. Economic shock doctrines that rely on austerity for the masses and corporate giveaways always wind up the same, however. It was only a matter of time. The wheels are coming off Milei’s project this year as inflation is back, money is tight and people are pissed. America’s canary came out of the coal mine with black lung.

EPISODE RESOURCES

Bloomberg / Batimes, Argentina's Economic Activity Posts Biggest Slump Since 2023

Argus Media, Argentina's Economy Contracts in February (April 22 2026)

Peterson Institute for International Economics, Argentina's Fragile Monetary Framework Risks Renewed Volatility (February 11, 2026)

BBVA Research, Argentina Economic Outlook — March 2026

Americas Quarterly, Argentina's Polarization Threatens Milei's Pro-Market Agenda (February 25, 2026)

[Paul Krugman Substack, Why Is Trump Bailing Out Argentina?](Paul Krugman Substack, Why Is Trump Bailing Out Argentina?)

New York Times, Milei's Argentina Economy (September 26, 2025)

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