This is a pretty big fucking deal, I hope this continues for Argentina, if Milei ends up doing well with it all and the economy gets on track he's probably going to have to worry about being CIA'd. Then again, that might be exactly why he's dollarising and doing some shilling for Israel.
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The issue isn't he is cutting programs. It's that he is selling out every part of their society to foreign investors. I'm skeptical that country will be any better. It's like nafta etc that just end up gutting a domestic market so hard it forces a ton of companies and properties to sell to foreign owners.
Sell everything out to foreign investors, then you flip the switch and just take everything back. What are you going to do? Go to war with Argentina, an extremely poor country that doesn't have any major natural resources except for agriculture?
You essentially need to do a complete reset, creating a new currency and starting over with minimal government to see where it will take you.
Argentina is not a poor country in nearly any resource.
If that were true you wouldn’t be third world.
Yet you are.