Freddie Ponton
21st Century Wire
On paper, Argentina is healing. Inflation has slowed dramatically, the fiscal accounts are balanced, and the government celebrates what it calls an economic ‘reactivation’ after decades of supposed mismanagement. In official speeches and sympathetic editorials abroad, President Javier Milei is hailed as the radical surgeon who finally dared to cut deep enough. The chainsaw worked, and the patient is said to have survived. But on the streets, in shuttered factories, in supermarkets where carts roll half empty, the story sounds very different. Consumption has collapsed to historic lows. Nearly half of households…
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