Inauguration / Early Presidency Speech: "The situation will worsen" & Shock treatment

In his inaugural address on December 10, 2023, newly elected President Javier Milei of Argentina delivered a stark message to the nation, warning of the economic challenges ahead. He acknowledged that the situation would worsen in the short term but emphasized that these measures were necessary for long-term recovery. Milei stated, "We know that in the short term the situation will worsen, but then we will see the fruits of our efforts." He further asserted, "There is no alternative to a shock adjustment," highlighting the urgency of the economic reforms