This is Why You Don’t Let Libertarians Run Your Country
Of course Javier Milei has plunged Argentina’s economy directly into the toilet. Inevitably so. The news only broke last month that Milei’s government is in such deep trouble that it needs a $20 billion bailout from the United States to stay above water, which Treasury Secretary Scott Bessent is reportedly prepared to grant. But this outcome was practically foreordained, from the moment Milei became president back in 2023. You could tell he was going to crash and burn, and take thousands of Argentinians’ jobs and livelihoods with him, as soon as he uttered the word “libertarian.”