Argentina’s financial crises are legendary – a 10th default is now in prospect. President Milei’s efforts to turn the nation around through austerity, government cuts, and economic shock therapy made him a poster boy for the Libertarian Project 2025. Surprisingly, they appeared to be working, till suddenly they aren’t. Now the USA looks set to bail out the nation.
When the rest of the world is increasingly concerned about the sustainability of US debt – of course it makes sense to increase the deficit through a politically motivated tax-cutting Big, Beautiful Bill. Not! A Debt Storm is coming. Batten down the hatches.
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