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Lavish welfare programs, opposition to free trade, disregard for national debt, and personal feuds shaping economic policies—all cloaked in nationalistic rhetoric. No, this isn’t about the U.S.; it’s Argentina, and the forces Milei overcame in the general election. Peronism entrenched national conservative economic policies across the political spectrum in Argentina, from left to right and center, transforming one of the richest countries in the world into a poor country again.

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