On November 20, Juan Cruz Diaz, our Managing Director was interviewed by Americas Quarterly.
In the article, he stated that Javier Milei’s victory in Argentina’s presidential runoff was due in part to capitalizing on widespread dissatisfaction with the ruling coalition. He attributed this to the economic deterioration, rising inflation, and poverty rates over the past four years, coupled with fatigue with the political establishment. Díaz emphasized Milei’s anti-establishment narrative and noted that a more conciliatory approach, including reconciliation with JxC candidate Patricia Bullrich, played a key role. He observed that Sergio Massa’s strategy as a moderate candidate did not pay off, resulting in a more significant defeat than expected. Díaz anticipated an unstable government transition for Milei, with the challenge of seeking consensus without governors or majority support in Congress.
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