There is a local saying that goes: “Leave Argentina one month and everything seems to have changed. Leave for 20 years and everything seems to be just the same.”
Never has that saying rung truer than this past week. Last weekend, the President Javier Milei administration seemed lost and trapped in a crippling run on the peso that was jeopardising its future. This weekend, the government exudes confidence after getting a golden lifeline of billions in help from the Donald Trump administration. Yet 25 years ago – or seven if you don’t want to go that far – the country was very much in the same economic and political maze it is now: out of cash t
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