Buenos Aires Herald 
Former President Cristina Kirchner lambasted President Javier Milei’s economic program and its consequences, saying that the private sector is massively moving dollars away from Argentina and that foreign investments are in “negative numbers.”
“You can scream like a madman, swear in Aramaic and threaten to ‘jail everyone,’ but brother… DOLLARS ARE LEAVING AND INVESTMENTS AREN’T COMING,” Kirchner wrote on X on Saturday. This is the first time Kirchner has written a scathing attack on social media against Milei since the start of her house arrest sentence on June 18.
The 72-year-old, who was president of Argentina for eight years from 2007-2015 and vice president between 2019-2023, also quipped how Milei has described himself as an “expert in economic growth with or without money,” while questioning the results of his austerity measures. She referred to a recent speech in which Milei said he is “cruel” with “filthy kukas” — a derogatory term used for Kirchnerists — and “state workers.”
“We already know you are cruel… what you can’t be, brother, is a boludo and not realize that you are headed toward a dead-end street.”
Kirchner cited results of the latest exchange report released by the Argentine Central Bank on Friday. In May, she pointed out, “the non-financial private sector took US $3.226 billion” outside of Argentina, “breaking the 2003 record and surpassing the monthly average of 2018 and 2019.” At the time, she said, the International Monetary Fund (IMF) loan taken by incumbent Economy Minister Luis Caputo, who was finance minister in 2018 under ex President Mauricio Macri, “exploded [in the face] of the mobster right-wing government.”
The private sector, Kirchner said, took US $5.247 billion outside of Argentina in April. “In 45 days, they took outside 44% of the 12 billion dollars the IMF gave you in April,” Kirchner said. “Do you still think that those who took dollars outside were the ‘heroes fighting the caste?’ Watch it, you are the president now, and they are still doing it.”
CFK questions low foreign investments
Kirchner also said that, since Milei became president, direct foreign investments have a “negative balance by 1.5 billion dollars” and that his Large Investment Incentive Regime (RIGI, by its Spanish initials), created in 2024, “was a failure.”
The former first lady and vice-president added that the almost 26 billion dollars that had been accumulated in the trade balance between December 2023 and May 2025 disappeared through outbound tourism and payment of debt interests. “A catastrophe.”
“Do you seriously still believe that Argentina’s problem is just the public sector?” Kirchner asked. “You no longer have to make cuts. You are keeping the provinces’ money. Half of Argentines can’t make ends meet and are going into debt to eat,” she said.
“You may lock me up and proscribe me, but the economic model of structural debt, crushed salaries and a flat dollar exchange, like always, will fail.”
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