Wait, What Happened to Argentina’s Economy? | Everybody's Business

This year came with a promising start for Argentina. Inflation seemed under control, investment was coming back, doubledigit poverty was (according to the government ()) beginning to fall and President Javier Mileithe chainsaw wielding, leather jacketwearing, selfdescribed libertarianwas being hailed by supporters as a toughlove leader bringing the country’s economy back from crisis. Milei also became a favorite of fellow political travelers to the north, namely Donald Trump and Elon Musk.

But the year hasn’t been kind to Argentina or its populist leader. Once again, the country finds itself in crisis—crushing debt, panicked investors and the threat of political instability. But this time the US is pledging to help. The Trump administration has offered its support, both in terms of money and encouraging investment in Argentine businesses. This week, Max and Stacey talk to David Papadopoulos, executive editor of markets, about what happened and whether Milei can turn the economy around.

Also this week, Lucas Shaw joins the show to talk about two of the modern kings of digital: David Ellison, son of Oracle founder Larry Ellison, who quickly became one of the most important players in Hollywood when his company Skydance snapped up Paramount last month; and MrBeast, the YouTube breakout star who has built an empire on video stunts (and more recently chocolate bars) and whose company, Best Industries, after years of astonishing growth, is experiencing growing pains.

The show also explores the latest fad in workplace culture: Quiet cracking. The combination of low hiring rates, increasing workplace unhappiness and an uncertain economy is squeezing workers to the limit.

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A smart and fun chat show about all things business. Hosted by award-winning business and economics journalists Max Chafkin (author of The Contrarian: Peter Thiel and Silicon Valley’s Pursuit of Power) and Stacey Vanek Smith (former co-host of NPR’s Planet Money and reporter for Marketplace), Everybody's Business is powered by the unparalleled sources and reporters who bring you Businessweek magazine’s headlines and the stories behind them. The show gives listeners a window into the discussions happening in boardrooms, Zooms and group chats in power centers around the world. From interpreting Fed meetings to the business of wolf cloning, each week Max, Stacey and their friends at Bloomberg Businessweek guide listeners through what really went on during the last week from Wall Street and Main Street. Because what’s happening with money and markets is everybody’s business.

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Wait, What Happened to Argentina’s Economy?

Everybody's Business