In the speech at his Gonnet bunker to digest last Sunday’s devastating double-digit defeat in the Buenos Aires Province midterms, President Javier Milei posed a very interesting question without an interesting answer: how much of the debacle was due to electoral strategy and how much to economic policy (no doubt in his mind that it was all the former and none of the latter)? If wrong there and if his reversal of fortune serves as yet another example of the very simple truth that austerity will never win an election (at least not in Argentina), there is not much which can be done because Milei has painted himself into a corner with an economic policy committed to curbing inflation via exorbitant i
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