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Ahead of another major blunder, an Argentine haircut for the IMF

By Willem H. Buitter – By approving an unprecedentedly large loan to Argentina in mid-2018, despite the countrys failure to meet basic borrowing conditions, the International Monetary Fund committed a major blunder. Rather than compounding the mistake with another similar program, it should accept reality – and responsibility.
Mauricio Macri Alberto Fern Willemh Buitter International Monetary Fund Argentinian President Mauricio Exceptional Access Framework

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