Tag Archives: president macri

Will Argentina take all of its bitter medicine?

Argentina’s central bank says it knows it needs to restore credibility, but if the recession persists and with elections next year, could the BCRA use the embedded flexibility in the IMF’s  new monetary system to – again – ease too soon? Gradualism … Continue reading

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Argentina: Two confessions

I am going to confess an unpopular opinion: I am getting worried about Argentina.­ I am also going to confess to embarrassing naivety: I have been testing my hypothesis with the wrong bankers. But first, my concerns about Argentina. The … Continue reading

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