Here They Go Again---Argentina's Triggered The Next Latin American Debt Contagion

Economic history appears to be rhyming once again in Latin America. Perennial credit-basket-case Argentina was one of the first countries to suffer a major currency crisis this century. Now, its government has asked the IMF for a brand-new bailout. But if this classic last-gasp fix was meant to calm the markets, it isn’t working.

Previous Latin American debt crises have taught us two things:

 

 

https://wolfstreet.com/2018/05/12/whos-most-afraid-of-a-latin-american-debt-crisis-apart-from-latin-america/

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