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The #IMF’s job “is not to backstop the payment of all debt obligations falling due in any member country,” @AmericanU’s Arturo Porzecanski writes in @FT, criticizing the $50 billion #Argentina bailout as an “exaggeration.”https://www.ft.com/content/9065df62-ba7d-11e8-8274-55b72926558f …
More on Prof. Porzecanski’s critique of the #IMF’s #Argentina rescue in @infobae: https://www.infobae.com/economia/2018/09/20/porzecanski-el-economista-uruguayo-que-asegura-que-el-fmi-se-equivoca-otra-vez-con-argentina/ ….
The mere mention of Porzecanski brings back memories of 2001. Appalled to see he is still around.
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