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The professorial Fernández - himself elected after Trump's pal Macri bankrupted the country in 2019 - kept the boat from sinking; but couldn't deliver on a real recovery (though GDP did grow over 7%).

Hardly surprising the economy was still weak - given the pandemic, Putin's war (which added $5 billion to the energy import bill), and a record drought last year that cost Argentina $20+ billion in hard currency.

Still, voters were looking for an "anger" vote - and they found it in the Jerry Springer-esque Milei (though he did lose the women's vote).

But despite his shtick, Milei is no populist: He's 100% a creature of elite interests - and since winning, he's reiterated he'll waste no time in imposing shock devaluation and capital flight deregulation.

Which stands to reason - since they're at the top of elites' wish list in Argentina.

All this - to be followed by deep budget cuts (in a country where 77% of the budget is social spending, of one kind or another).

The fact that this will throw the already weak Argentine economy into depression and riots, is almost an afterthought to them. What's more, elites relish the idea of seeing Milei respond with troops and gunfire.

"I'll be watching it all on my 55" flat screen in Miami," some will tell you (after a few drinks).