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Montevideo, November 5th 2025 - 18:11 UTC

Tag: Argentina's mid-term elections

  • Wednesday, November 5th 2025 - 15:02 UTC

    “Argentina Is on a Path to Economic Success”, Nouriel Roubini

    In 2006, Roubini warned that a housing bust would trigger a global banking crisis and deep recession within a few years. U.S. subprime collapse spread through the financial system

    While many commentators have criticized Argentine President Javier Milei's draconian approach to economic reform, the results of the October legislative election show that the Argentine people would prefer short-term economic pain over a return to Peronist policies. Milei now has a clear path to finish what he started. The piece was written by Nouriel Roubini, one of the very few economists who anticipated the 2008 world recession and has been identified as Dr. Doom because of his forecasts *

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