With each passing week the feeling that the Argentine economy is approaching the one we experienced in the eighties cannot be avoided. It does not mean that the situation will be exactly the same nor...
Orderly or Messy Adjustment?
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Orderly or Messy Adjustment?
Fourth week
October 2021
When the legislative elections of November 14 pass, all eyes will return almost exclusively to the economy. Once the results are digested, the question will be how Argentina will resolve the many imbalances that are beginning to grow. They are, mainly, the fiscal issue, the monetary issue, largely the daughter of fiscal problems, and the FX issue, since a spread of 100% will be little more than unsustainable.