‘Dr. Doom’ Nouriel Roubini Thinks Argentina’s Bitcoin-Backing President Can Fix What Ails Buenos Aires, But Can He?
Renowned economist Nouriel Roubini said in an op-ed published Monday that Argentina is on the path to “economic success” under President Javier Milei, who secured a decisive victory in the midterm legislative elections.
‘Investors On Board With Milei’s Strategy’
In a Project Syndicate opinion piece, Roubini stated that the election results indicate that Argentines prefer Milei’s stringent economic reforms over a return to Peronist policies.
“The market reaction to the October election confirms that investors are on board with Milei’s strategy,” Roubini, also known as “Dr. Doom,” said. “With the recent electoral uncertainty behind it, Argentina now has a clear path to political stability.”
‘Dr. Doom’ Says Argentina Could Become A Model For Latin America
Roubini anticipated Mileu would continue with his “economic liberalization” plans, starting with labor-market and tax reforms.
“We will likely see significant inflows of FDI, allowing growth to accelerate over time. Argentina may even become …