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Snapshot 5:Thu, Jun 13, 2024 8:38:44 PM GMT last edited by NickBurk

Argentina: Police, Protesters Clash as Senate Passes Reform Bill

Argentina: Police, Protesters Clash as Senate Passes Reform Bill

Argentina: Police, Protesters Clash as Senate Passes Reform Bill
Image credit: Tobias Skarlovnik/Staff/Getty Images News via Getty Images

The Spin


Milei took over a country in the depths of unprecedented economic and political turmoil, and he's already turning it around in six months. Once a beacon of Western excellence, Argentina was driven to a societal nadir due to leftist regimes, but Argentina is enjoying the start of a promising recovery. Milei’s market-based reforms are saving Argentina.

The countryArgentina's self-declared anarcho-capitalist has so far aggravated recession, increased poverty to 55%, and increased annual inflation to 300%. Given that austerity has failed several times in Argentina, popular opposition to such measures is anything but surprising. If approved, these reforms will further undermine living conditions in Argentina.


Metaculus Prediction

There's a 15% chance that Argentina will fully dollarize its economy before Jan. 1, 2028, according to the Metaculus prediction community.


Public Figures

© 2026 Improve the News Foundation. All rights reserved.Version 7.4.1

© 2026 Improve the News Foundation.

All rights reserved.

Version 7.4.1