foreign debt

Why is Argentina Entering into a New Economic Crisis?

September 5, 2018

CEPR co-director Mark Weisbrot lays out the roots of Argentina’s latest economic crisis, which have to do with the government’s massive foreign borrowing spree, deepening austerity measures, and rising Federal Reserve interest rates

Argentina & The Emerging Market Crisis

February 28, 2014
James Henry: Facing a surging public deficit, Argentina has devalued its currency in response to the Fed’s tapering of quantitative easing and China’s slowed purchasing of imports

Reality Asserts Itself - Heiner Flassbeck

February 2, 2014
Heiner Flassbeck, former director of UNCTAD, says the “market” is good for making high profits from international exchange rates; the only rational solution for a healthy economy is take exchange rates away from the market