jeremycady on Nostr: There are still people who think "trade deficit" is a thing? ...

There are still people who think "trade deficit" is a thing?

quoting note1duc…72x4

🚨🇦🇷 ARGENTINA HITS RECORD TRADE SURPLUS IN MILEI’S FIRST YEAR
Under Milei’s leadership, Argentina turned a $7.94B trade deficit in 2023 into a record-smashing $18-19B surplus in 2024, surpassing the previous high of $16.89B in 2009.
His push to boost energy exports from the Vaca Muerta shale reserves and ramp up grain sales is paying off, making Argentina a global exporting powerhouse again.
With inflation already down from nearly 300% to 117.8%, Milei’s economic reforms are proving their worth.
Source: Reuters