We were fooled by the hysterics and the chainsaw show. From the article:
"Milei had a unique chance to free up everything in one bold move. He could have followed the big bang model of Germany’s Ludwig Erhard, who hacked down a thicket of controls and unleashed a supply-side miracle. A stable Deutsch Mark emerged almost overnight from the hyperinflation of 1948. Milei, instead, bottled it".
But to do that, there had to be a plan to come in on day one and execute it. There had to be people working in the background, taking ideas from think-tanks and creating position papers. getting heavy-hitters on board, plus people doing the dirty horse-trading to make sure everything got done.
But, there was no plan. Just a half-baked untested ideological grab-bag that didn't survive contact with reality. Very interesting article
@elhombresinnombre, thanks for sharing. Just waiting for someone to come along and shout that the Telegraph is a disgusting left-wing rag
There is something I disagree with, though: "Milei’s timing was flawless". His timing was completely accidental. He had nothing to do with the improved grain harvest, the ending of the drought, the coming on stream of Vaca Muerta, or the gas ducts that will enable selling gas to Brazil and Chile (in fact, he actively worked against several of those). If, as seems likely, he ruins us all and doubles down by insulting us, a helicopter will be too good for him.
www.telegraph.co.uk
