‘There Is No More Money’: Argentina Begins Economic Shock Remedy

(Bloomberg) — Economy chief Luis Caputo spent the better part of his first televised address explaining how Argentina got into such a dire economic situation: an “addiction” to debt, for which the only medicine is a shock treatment.Most Read from BloombergJPMorgan Is in a Fight Over Its Client’s Lost $50 Million FortuneGoldman Trader Paid $100 Million Since 2020 Is Stepping DownArgentina’s Milei Devalues Peso by 54% in First Batch of Shock MeasuresNetflix Posts Viewer Data on Every Show, Film f