Do populists always crash the economy?

The Guardian•Sunday, October 26, 2025 at 6:00:56 AM

Argentina is facing economic turmoil as it navigates the implications of Javier Milei's leadership. With midterm elections approaching on October 26, the situation is drawing attention from global populist figures like Donald Trump and Giorgia Meloni. The rise of money changers in Buenos Aires highlights the public's struggle with currency instability, reflecting broader concerns about the country's financial future. This situation matters not just for Argentina but also for other nations observing how populist policies impact economies.

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