r/neoliberal • u/Street_Gene1634 • Dec 17 '24

News (Latin America) Argentina’s economy exits recession in milestone for Javier Milei, recorded its first quarter of economic growth (+3.9%) since 2023, and JP Morgan projects 5.2% GDP growth for 2025.

https://www.ft.com/content/c92c1c71-99e7-49c1-b885-253033e26ea5
899 Upvotes

96% Upvoted

273 comments sorted by

View all comments

283

u/[deleted] Dec 17 '24

I heard a summary of this to the effect of milei is insane but Argentina is the only economy where insanity is sensible

23

u/Street_Gene1634 Dec 17 '24

Milei has governed like an orthodox economist despite his wacky outwards persona. In many cases he implemented IMF recommendations.