In this episode, we dive into Argentina's intense election season and the challenges facing the country's struggling economy. With high inflation and limited financing options, the current Peronist administration is facing an uphill battle. We explore the surge in popularity for center-right and right-wing candidates, as well as the Peronist Coalition's support for a centrist candidate, Sergio Massa. The economy's challenges, including rampant inflation and high public spending, are discussed, along with proposals for radical solutions like replacing the Argentine peso with the American dollar. We also examine the difficult task that the next president will face in solving Argentina's economic problems, including reducing public spending and negotiating reforms with provincial governors. While there are some positive factors, such as increased investments in lithium and shale gas, we explore the long road ahead in winning back the trust of foreign investors and Argentine savers. Tune in to gain a comprehensive understanding of Argentina's election season and the economic hurdles that lie ahead.

For decades, leftist policies first espoused by Juan Perón have dominated the country’s politics. But as electioneering begins it is clear that rampant inflation is driving voters away from Peronism and toward the populist right. We examine why big American retailers see opportunity in providing primary health care (9:33). And our annual list of the world’s most liveable cities (15:38).

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