I guess I will have to counter OP’s simping for Miliei once again.
The austerity has also caused deep economic pain in Argentina, with nearly 60% of Argentines now living in poverty, up from 44% in December 2023, according to the Catholic University. Milei has balanced the budget by slashing financial transfers to provinces, removing energy and transport subsidies and holding wages and pensions steady despite inflation.
In case anyone wants to look at the data: https://www.indec.gob.ar/ftp/cuadros/economia/sh_oferta_demanda_desest_12_24.xls
Here’s the data on an XMR chart (excluding the pandemic)
And here’s the last section with the downward trend removed.
Last trimester’s GDP growth is almost at the point of significance. In the last chart, I’d wait until either we get a point over the blue line or we have a few more points over the dotted line before doing a victory lap.