Argentina’s politics just got a bit more tumultuous. In recent research by Zuban Cordoba it turns out that public trust in libertarian firebrand Javier Milei is taking a serious nosedive. And no, it’s not just your morning coffee jitters—this is a full-blown crisis of confidence hitting Milei’s supporters hard.

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From Bold Promises to Budget Blunders

Once hailed as the maverick who would shake up Argentina’s economic and political status quo, Milei now finds himself in hot water—or rather, in a slippery situation where his once-rock-solid trust ratings are crumbling. Recent surveys and reports have shown that trust in Milei has dipped significantly. According to the report, trust levels have plummeted by a staggering 12% since last quarter, leaving only about 38% of Argentines confident in his leadership. (Yes, you read that right—trust is now lower than the price of a paragon of his “revolutionary” policies!)

Critics argue that Milei’s ambitious plans for deregulation and radical fiscal reforms, while bold on paper, have left many questioning the practicality (and the pizza money) behind his visions. The numbers don’t lie, and it appears the sentiment across the nation is shifting faster than crypto prices on a volatile day.

Trust in Milei among Argentina following the Libra scandal
Percentage of People who Trust in Milei Argentina Following the LIBRA Scandal. Source: Zuban Córdoba

The Slippery Slope of Political Promises

In true cheeky fashion, Milei’s detractors are having a field day. Internet memes comparing his policies to a “slippery slope” are all the rage on social media. With trust levels sinking, skeptics are calling into question whether Milei’s ambitious rhetoric is just a shiny distraction from budget blunders. And let’s be honest—when bold promises come crashing down, even the most loyal supporters start checking their wallets, wondering if that promised economic miracle is just another pie in the sky.

What’s Next for Milei and His Camp?

While Milei’s camp is desperately trying to put on a brave face, the report suggests that the path to regaining public trust will be steep. The challenge now is to not only halt the decline but possibly reverse it—a task that seems tougher than convincing a crypto newbie that blockchain really matters.

Political analysts warn that unless Milei’s team recalibrates their policies and delivers on those audacious promises, his trust ratings might continue their free-fall. After all, in the cutthroat arena of Argentine politics, today’s hero can quickly become tomorrow’s headline.

A Cheeky Take on the Trust Crisis

For now, Milei’s supporters (and haters alike) are left with a bitter pill to swallow. The decline in trust is a stark reminder that in politics, as in crypto, it only takes one misstep for the numbers to go south. As the drama unfolds, one thing is clear: Javier Milei’s next moves will be under the microscope, and every single policy announcement might just make or break his fragile trust-building efforts.

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