Argentina is facing a severe economic crisis as the poverty rate skyrockets to over 50%, affecting nearly 25 million people. In the first six months of President Javier Milei's 'shock therapy' and strict austerity measures, private estimates suggest that around three million additional individuals have fallen into poverty. Official reports indicate that the poverty rate has reached approximately 53%, marking an increase of 11 percentage points under the current administration's policies. The significant rise in poverty is raising alarms about the long-term impacts of Milei's economic strategies on the Argentine populace.