100 Days Into Milei's Economic Experiment in Argentina

100 days into his first term, Argentina President Milei is looking to still make big changes, but he's trying to find support. John Micklethwait, Bloomberg's editor-in-chief, spoke to Milei in Buenos Aires. He's on "Bloomberg Surveillance" with a recap of their conversation.

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[NunYa]

This isn't an experiment. It's common sense.

[englishincontext]

What is irrefutable is the fact that former Argentine governments, economics advisors snd 'experts' have singularly failed to save Argentina but have dragged it deeper into the mire. Despite their protestations they have no valid basis for condemning Miléi.

[cliffolsen]

It’s silly to expect the new government to fix the mess that took 80 years to make.

This journey will take time and I hope Argentines can remain patient.

This transition to free markets and smaller national government is going to hurt for the next few years.

I believe the payoff will be worth it.

[gastonvolpe]

As an Argentinean I must say: Milei is kicking asses every single day.
He never stops, the market is bullish AF.
Third month with economic superavit, inflation falling as a rock
(April is estimated with only one digit).
He's image is higher than ever.
Getting deals and contracts all over.

[tangablenothingness]

Man it seems the entire world absolutely refuses to say the names Rothbard, Misses, and Hayek. You always hear Freedman who was a student of Rothbard. It’s like they don’t want you to know what Austrian economics is. That feels like a reason to dig for that material.

[Bob-qopu]

as it turns out when you dont spend a bunch of money on nonsense you save money.

[dadaistaingegniere]

There's no "experiment".

Milei is taking back Argentina to its very roots: freedom.

[robm]

Milei is saving Argentina from itself. Give it a year or two and Argentina will be a strong free market economy.

[tsancio]

Milei has moved the Argentinean economy from "extremely chaotic" to "awful". The next step is to move towards "good". Good luck to Argentina.

[dziprick]

The longer the party, the bigger the hangover. Argentina has to deal with the hangover. There is no way around it. We will see it here too.

[Ken-wgzy]

Not shocked at the way reporter dismissed new presidents reforms. Give him 3 years to get his plan rolling.

[gilescaver]

Biden, Trump and Powell aren’t fit to walk Milei’s dogs

[peterponcedeleon]

Milei is a hero of freedom. Freedom has always meant freedom from government.

[VOLightPortal]

If Milei can't fix Argentina, then there's no chance left for recovery.

[ferdinandhelbing]

Banking on the dollar is like flogging a dead horse. Milei is selling his country.

[robertdavis]

The bureaucratic swamp will, of course, try to stop any attempt to slow government spending. The government is the problem and Mr. Milei knows that and that is very much what I respect.

[hanooi]

Problem is the us dollar is going the way of the peso.

[yongchen]

why cant america, europe, japan and others come and invest in argentina, why only china come and invest in argentina. how irony is that! geopolitics is more important to argentina or bussiness & investment? it is up to its leader to make choose.

[zaidshaikh]

100 days is too short a time. We would only know in 3 years.

[ferriswheeler]

"just saw your pension drop by 30% in a year"... but nothing about how inflation destroyed the value of that pension years ago which is why public employees weren't even showing up for work LOL. Only a fool would believe that your 1000 peso pension was safe when this year it was a months rent, then next month buys you a chocolate bar LOL