The Three Letters Behind Argentina's Serial Collapses: IMF!

In SIX IMF programs of 1992-1999 period, Argentina fulfilled NOT ONE of the IMF conditions for lending in... err... all 6 of these programs. Of the 61 years between 1956 and 2017, the country was under an IMF program for 40. In year 62, it is in program year 41...

By the ENTIRE history of Argentina, new IMF lending to the country is the most perfect exemplification of doing the same thing for 62 years, yet expecting a different outcome.

 

 

https://www.zerohedge.com/news/2018-08-30/some-observations-argentinas-imf-sponsored-collapse

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