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We’re now just over 100 days into Milei’s premiership with drastic cuts and a sharp currency devaluation, he’s now in a race against the clock to get the economy back on track. In this video, we’re going to take a look at Argentina’s economy, whether Milei’s reforms are working, and why he’s still popular.

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00:00 – Introduction
00:44 – Milei’s Objectives
01:31 – Balancing the Budget
05:34 – Dollarisation
06:21 – Staying Popular
07:46 – Sponsored Content…(read more)

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Argentine economist and politician Javier Milei has been making headlines recently for his bold reforms to the country’s economy. Despite facing criticism and skepticism from many quarters, it appears that Milei’s reforms might actually be starting to show promising results.

One of the key areas where Milei has focused his attention is on cutting government spending. Argentina has long been plagued by high levels of government debt and deficit, leading to chronic inflation and economic instability. Milei has sought to slash wasteful spending and reduce the size of the government in order to rein in these fiscal imbalances.

In addition to cutting spending, Milei has also introduced a series of measures to stimulate economic growth. These include tax cuts for businesses, deregulation of certain industries, and incentives for foreign investment. By creating a more business-friendly environment, Milei hopes to attract investment and create jobs, ultimately boosting the country’s economic growth.

Another area where Milei has made significant changes is in monetary policy. He has implemented a more conservative approach to the central bank’s management of the money supply, in order to curb inflation and stabilize the currency. While these measures have been unpopular with some segments of the population, they are starting to bear fruit in terms of curbing inflation and restoring confidence in the peso.

One of the most visible signs that Milei’s reforms might be working is the recent uptick in economic indicators. GDP growth is showing signs of picking up, unemployment is falling, and inflation is starting to come under control. While it is still early days, these positive trends suggest that Milei’s reforms are starting to have a positive impact on the economy.

Of course, not everyone is convinced that Milei’s reforms are the right path for Argentina. Critics argue that his policies are too radical and risk destabilizing the economy even further. They worry that the government’s austerity measures could lead to social unrest and harm the most vulnerable members of society.

However, Milei remains steadfast in his belief that his reforms are necessary in order to put Argentina on a path towards sustainable economic growth. He argues that the country’s chronic problems cannot be solved by simply maintaining the status quo, and that bold action is needed to break the cycle of economic stagnation.

Only time will tell whether Milei’s reforms will ultimately be successful. But for now, there are early signs that his policies might be starting to have a positive impact on the Argentine economy. If these trends continue, Milei may well go down in history as the man who finally turned around Argentina’s economic fortunes.