The Argentine Economic and Financial Crisis Continues to Fester

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Analysts are pessimistic about Argentina’s economic and financial future on the eve of the country’s presidential election in late October, 2019. Despite a massive and historic bailout deal with the International Monetary Fund (IMF) by incumbent President Mauricio Macri, Argentina continues to endure economic contraction, inflation, and credit worries. Polls show Macri running well behind his main challenger, Alberto Fernández, who (like most Argentines) feels little love for the IMF and its eternal requirements of austerity. Pundits offered critique and opinions in abundance.

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