The economic data for January, Milei’s first full month in office, makes for sobering reading. Argentina’s latest descent into the economic abyss is as sad as it was predictable. In mid-December, I warned that Milei’s first dose of shock treatment, now being administered with relish by new Economy Minister (and ex-JP Morgan Chase banker, former finance minister and former central bank governor) Luis Caputo, risks wiping out what remains of Argentina’s fragile economy. Said treatment includes a 5...