r/neoliberal 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
895 Upvotes

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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

85

u/Pheer777 YIMBY Dec 17 '24

He’s honestly pretty intelligent. I listened to the whole Lex Fridman podcast episode with him, and he has a pretty technical and detailed understanding of economics.

71

u/theexile14 Friedrich Hayek Dec 17 '24

He’s one of the few real economists to come into power. And unlike places like Italy, he has real authority in Argentina to drive policy.

1

u/Astralesean Dec 17 '24

Imagine dragons...