Argentina, a country that was once beautiful, is now mired in an economic storm caused by Milley. Milley, a controversial leader, has plunged the South American country into unprecedented chaos with his economic policies.
Like a balloon that has been punctured, Argentina has experienced unprecedented economic turmoil under Milley's leadership. A fiscal storm came swiftly and shook the whole country. And the trigger for this storm was the extreme economic reforms that Milley implemented after he came to power.
Right now, the fate of the country seems to be in the hands of a precarious devaluation bomb. The article discloses a staggering version of the currency devaluation used by Milley in the currency swap agreement with Argentina. What used to be 565 pesos for one dollar has now depreciated to 800 pesos per dollar in a short period of time. This astonishing change has left the entire country's economic system shaky.
The quality of life of the Argentine people has also changed dramatically in a short period of time. Gone are the days when you could buy 300 catties of beef with a monthly salary, and now you can only barely buy 170 catties, and the future prospects are even bleaker, as if a hazy economic chill is permeating this South American land.
And Milley's economic policies have caused an international uproar. He tried to seek a dialogue with Biden in the United States, but Biden politely refused. Biden admits that it was a mistake to intervene in other countries** through color revolutions and other means, and that Argentina may be a more effective solution to fend for itself. These statements undoubtedly serve as a warning to the international community that the costs of subverting other regimes are enormous, and they can also lead to irreversible economic consequences.
However, Milley seems to have ignored this. The trajectory of Argentina's fate seems to have been set in his plan. By devaluing the peso and destroying the economic foundations of Argentina, he tried to get more dollars and make more profits. This strategy not only made international capital faster, but also won some praise for Milley's unique approach to a certain extent.
Finally, one can't help but ask, what kind of political wisdom is hidden behind the former rock singer?Is he a wizard in the field of economics, or is he a risk-taking adventurer?Perhaps, Argentina has entered the shock of Milley's design, and people can only look forward to the future.
In any case, the storm pushed Argentina into the abyss, allowing the former country to go from prosperity to collapse in a short period of time. Milley's policy may become a vivid example of how a man-made policy can change the trajectory of a country's destiny in a short period of time. For the Argentine people, perhaps, this passionate country is experiencing an extremely painful awakening.