#183 – No dollars on the horizon
Argentina 2023 The extreme drought and the banking crises that began in the US and spread to Switzerland…
#182 – Anything Goes
No matter whether the rabbit is black or white as long as it helps play for time… January…
#181 Predicting the “apocalypse” that never comes
Pulling rabbits out of hats The title is a provocation, and as a friend told us, very unmarketable.…
#180 New exchange rate splits so as not to devalue
Is it enough or does it become a boomerang? The government continues to play for time, resorting to…
#179 Till the very last dollar
More inflation and stagflation in the electoral year Massa’s entrance into the Ministry of Economy implied an ordering…
#178 Super-Minister
Everything comes around, everything moves on, everything comes in due time… Although the BCRA (Argentina’s Central Bank) finally…
#177 Assault on Argentina’s Central Bank (BCRA)
No anchors in sight in a world in turmoil Crushing the program with the IMF Execution risk Fiscal…
#176 Agreement with the IMF… two weeks later
Two risks: Execution Risk and Transition Risk Execution Risk:The 1st review of the program is in May2022: more…
#175 Habemus an Agreement
Avoids implosion and stops the deterioration of relative prices, but it closes with more inflation and stagnation The…