'Multipolar Market' gives an update on the "successes" of Argentine under Milei:
- In March, Argentina's industrial production plummeted by 21% compared to the previous year. Since Milei took office, production has never been in the positive—it only keeps declining.
- Milei met with Elon Musk to discuss lithium mining in the country. No new contracts were signed.
- The annual inflation rate in April reached 290%, increasing by 8.8% over the month.
- Trade unions have announced a strike against Milei's reforms, stating, "The government works for the rich while the poor become poorer."
- The anti-globalist and World Bank critic Milei borrowed $800 million from the IMF.
- Despite inflation, Milei still reduced the central bank's rate from 50% to 40%.
- Meat consumption in the country has been declining for five consecutive months.
- But at least Milei makes strong speeches against China and BRICS!