Argentina's new president Javier Milei begins 'shock therapy' on the country's economy By Jessica Clark Updated: 17:00 EST, 13 December 2023 e-mail View comments Libertarian Argentinian president Javier Milei has begun his ‘shock therapy’ for the South American country’s economy by devaluing its currency and announcing aggressive public spending cuts. The government led by Milei, who was sworn in on Sunday after his surprise election victory last month, has launched its plan to tackle the worst economic crisis in decades. As he took office Milei, a self declared ‘anarcho-capitalist’ warned that ‘there is no money’. He said the…
