With unprecedented austerity measures, Argentine President Javier Milei is bringing his country to the brink of collapse. The behaviorally creative anarcho-capitalist speaks of necessary steps. Critics fear that millions of people will sink into poverty. On May 9, a general strike paralyzed the country. Is Argentina at risk of descending into chaos? Krone+ knows more.
Argentina has been in a state of constant unrest for four months. In recent months, the right-wing populist government of Javier Milei has cut tens of thousands of public sector jobs, cut back on state investments and social programs, and on financially starved research centers and universities. During the election campaign, the 53-year-old brandished a chainsaw – a symbol of the radical cuts and cuts he was planning. He also threatened to blow up the central bank.
Source: Krone
I am Wallace Jones, an experienced journalist. I specialize in writing for the world section of Today Times Live. With over a decade of experience, I have developed an eye for detail when it comes to reporting on local and global stories. My passion lies in uncovering the truth through my investigative skills and creating thought-provoking content that resonates with readers worldwide.
