Société de recherche indépendante en macro-économie et stratégie d’investissement

Argentina’s long-standing issues are well known; it is one of the few countries that went from being a rich country at the beginning of the 20th century to an emerging country today. Javier Milei, an economist, which can sometimes be an advantage, was elected in December 2023. He obviously embodies a total breach with the establishment, advocating an economically radical libertarian regime focusing on reducing the role of the state and bringing in economic deregulation. In macroeconomic terms, his diagnostic of the situation in Argentina is both uncompromising and pertinent: high inflation and the current account deficit suggest surplus demand stemming from excessive government spending...