World10/14/2025•BBC

How Milei's 'Thatcherite' economics divided his nation - but won over Trump

How Milei's 'Thatcherite' economics divided his nation - but won over Trump

The article discusses the divisive and controversial economic policies of Argentina's president, Javier Milei, who has been described as a "Thatcherite" figure. Milei's radical free-market reforms, including plans to dollarize the economy and privatize the central bank, have sparked protests and anger among Argentinians struggling with high inflation and economic hardship. However, Milei's unorthodox approach has also gained him support, particularly from former U.S. President Donald Trump, who has praised his economic vision. The article explores the paradox of Milei's presidency, where his policies have deeply divided the nation but have also won him influential international backing. As Milei prepares to visit the White House, the article delves into the complex and contentious nature of his presidency, which has polarized Argentinian society and raised concerns about the potential consequences of his economic agenda.

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