Javier Milei’s next move could make his presidency—or break it

WHEN ARGENTINA’S president, Javier Milei, donned his leather jacket and belted out rock songs to a stadium last month he cut an eccentric figure. And when he insults his country’s Congress (“a nest of rats”), the governor of Buenos Aires province (“a communist dwarf”) and Spain’s prime minister (“the laughing stock of Europe”), he comes across as just another boorish populist. Both characterisations have a grain of truth. Even so, by most economic measures Mr Milei is beating expectations.