During an interview on Neura, financial analyst Darío Epstein firmly supported the economic policy led by President Javier Milei. Founder of the consulting firm Research for Traders and former public official, Epstein stated that the current government "has the best economic team of recent decades" and that the chosen path, although demanding, "is the only possible one if we want a viable country."
"You have a president who knows a great deal about macroeconomics and assembled a team where the minister (Luis Caputo) has unique expertise in finance. Meanwhile, his right-hand man is Pablo Quirno, who can smoke underwater," praised Epstein, highlighting the technical quality of the cabinet.
"We have no more room to keep overspending"
One of the clearest points in Epstein's analysis was his support for fiscal balance. "I love Milei's plan: I don't spend more than what I take in. It's the only way to move forward in the medium term. We have no more room to keep financing deficits," he stated.
He also explained that the mechanism of refinancing debt is not a sin, but rather a common practice globally. "That's how the United States, Japan, and France work. It's rollover, it's not more debt. We need to put an end to the myth", he concluded. For the economist, what matters is not so much the debt-to-GDP ratio, but how much of the budget is allocated to interest payments: "That's the data that matters."
Artificial intelligence, a paradigm shift in the financial world
Darío Epstein explained that the advance of artificial intelligence is radically transforming the way financial analysis is conducted. According to him, tools like Gemini or ChatGPT already allow for obtaining complex data and real-time balance sheet analysis, something unthinkable until recently. "We asked what the break-even price of a barrel of oil is for certain companies to be profitable, and AI not only calculated it, but also explained it with sources and data that we couldn't verify," he said, surprised. For Epstein, this represents a direct threat to the traditional research model, which now sees its continuity in jeopardy.
