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.
In Argentina, photographers usually try to get the most unflattering pictures of politicians so they can sell them to newspapers ideologically opposed to said politicians.
That's not what's happening here. He really does look like that. You should see what he looks like when he's posing for a picture.
For example, his plan for dollarization requires going into a lot of debt, when we're already drowning in it and no one wants to buy our bonds.
Of course, he says that he will regain investors's trust but that seems unlikely given our track record, how Milei is perceived internationally, and the fact that major investment banks have argued against dollarization.
That was after the Argentine Peso lost 20% of it's value in a single day to appease the IMF (according to the official exchange rate). Unless wages increase by more than 20%, then they're not really increasing, just keeping up with 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.