Retail sales for Argentine small and medium-sized businesses dropped by 28.5% between Jan-23 and Jan-24. Economist Steve Hanke urges President Javier Milei to dollarize the economy to combat inflation and recession. Milei faces resistance in implementing economic reforms.
#ARGWatch🇦🇷: Week after week, ARG registers the WORLD'S 2ND HIGHEST INFLATION RATE on the #HankeInflationDashboard. Pres. @JMilei, It’s time for you to get your priorities STRAIGHT and DOLLARIZE NOW. https://t.co/Zf9KXnXoPe
“The market is becoming very optimistic about Javier Milei’s conviction..." NEW: Javier Milei’s ‘Shock’ Reforms Begin to Resuscitate Argentina’s Collapsing Socialist Economy https://t.co/qcD6U15Aiq
Argentina’s Milei Goes All In On ‘Shock’ Policies In Bid To Save Country’s Economy https://t.co/i4iHLRKmwF
Javier Milei faces a thicket of regulations to cut and massive political resistance in Argentina. It won't be easy to carry out his nation's direly needed economic transformation. https://t.co/r22Eonl1nm
The uncertain path to Javier Milei’s promised land https://t.co/2Ni2SeMycM | opinion
🇦🇷 MILEI THREATENS TO “PISS ON ALL” ARGENTINA’S GOVERNORS His frustration with their opposition to his reforms boiled over during a private meeting at the ExpoAgro conference in Argentina. “Who do they think they are? If they keep on screwing, I will shut down Congress.”… https://t.co/b6fpOJupK1
Argentina’s far-right president Javier Milei was enthusiastically received at the World Economic Forum in Davos. The warm welcome extended to Milei is a sign of where free-market radicalism is headed amid the deepening crisis of neoliberalism. https://t.co/eMirpTL7e5
Poor Argentine households have fallen into deeper precarity since far-right libertarian President Javier Milei was inaugurated last December. https://t.co/ZM2GMJg0h7
Consumers in Argentine are running out of options to shield themselves from runaway price increases as Javier Milei’s austerity measures send the country deeper into recession https://t.co/dim1aWomMs
Without moves to dollarize the Argentine economy soon, a lasting return to the model of freedom for which President Milei was elected to restore will become out of reach. https://t.co/OO7U0uzcql https://t.co/HSlR0J3fuu
#ZIMWatch🇿🇼: Today, I accurately measure Zimbabwe's inflation at 1486%/yr, dwarfing the 47%/yr "official" RUBBISH inflation rate. It’s time for Finance Minister @MthuliNcube to take the exit door. https://t.co/f8WcuJW9yy
#ARGWatch🇦🇷: @Cronistacom reports that retail sales for Argentine small and medium-sized businesses fell 28.5% between Jan-23 and Jan-24. If Pres. @JMilei would have followed through on his campaign promise and dollarized on the day he entered the Casa Rosada in Dec-23, retail…