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International Business Times
International Business Times
World

Argentina Under Milei: A Tale Of Two Economies

Nine out of 10 Argentine households are in debt, according to official data (Credit: AFP)

In Javier Milei's Argentina, falling inflation has stimulated a boom in car and real estate sales and foreign-bound planes take off laden with tourists.

But on the other side of a very complicated economic coin, consumption is dropping precipitously among low- and middle-income groups while more and more people work in precarious jobs and buy groceries on credit.

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