[[{“value”:”Milei wants to improve Argentina’s primary balance by 5.5% of GDP quickly. Almost no IMF program in history did that. The typical program achieves just 1% of GDP in adjustment. Macri tried 4.8% in late 2018 and everything blew up. History will repeat itself. pic.twitter.com/SnihsMdD7t — Sergi Lanau (@SergiLanauOE) March 27, 2024
The post The problems of Milei, restated appeared first on Marginal REVOLUTION.”}]]
Milei wants to improve Argentina’s primary balance by 5.5% of GDP quickly. Almost no IMF program in history did that. The typical program achieves just 1% of GDP in adjustment. Macri tried 4.8% in late 2018 and everything blew up. History will repeat itself. pic.twitter.com/SnihsMdD7t
— Sergi Lanau (@SergiLanauOE) March 27, 2024
The post The problems of Milei, restated appeared first on Marginal REVOLUTION.
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