Heiner Flassbeck: Argentina again under IMF curatorship – with absurd consequences

In December last year, Patrick Kaczmarczyk and I pointed out that even 20 years after the great currency drama in Argentina, neither the country nor the international community have found a way to bring the Argentine economy back to a normal path. Now Argentina has received a new loan of 45 billion US dollars from the IMF (International Monetary Fund, here is the IMF press release) and, there is no other way to put it, the drama is starting all over again.

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Photo: Gastón Cuello licensed under the Creative Commons Attribution-Share Alike 4.0 International

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