Argentine friends report to EIR that in the week since President Javier Milei has taken office, basic economic markers have gone off the charts. What the government refers to as “repressed inflation” is hyperinflation revealed in the 3,500% annual inflation rate, which in its view, justifies the imposition of
Not sure what the state of organization on the left is like in Argentina, but US is definitely in a much weaker position to meddle than they have been in decades. Another factor is that there are multiple Latin American states now that are moving left and working together. This makes it much harder for US to interfere and to use their favorite tactics like economic warfare.