Argentina, economic slump reveals Milei’s policy failure

teleSUR English

In Argentina, the failure of the neoliberal policies of president Javier Milei is reflected in an economic slump that, in October 2025, resulted in more than 100,000 checks being refused due to insufficient funds. teleSUR

Transcript

00:00And we go to Argentina, where the failure of the neoliberal policies of President Javier

00:04Millet is reflected in an economic slump that in October 2025 resulted in more than 100,000

00:11cheques being refused to the insufficient funds. Given this historic peak, financial institutions

00:17still active in the country warned about citizens' inability to pay in credit card and other

00:24types of loan payments. An analysis of the banking sector in October revealed that more

00:29than 108,000 cheques were returned, indicating a 208% increase in returns compared to September.

00:37In this context, Malays economic measures are causing unease and uncertainty among the population

00:43amidst growing public debt.

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