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The IMF's Bailout Of Argentina May Not Be Such A Great Idea

2018-09-29 0 Dailymotion

The IMF boosted its credit line to Argentina this week, to an historic high of $57.1 billion.<br />A larger credit line will be delivered at a faster pace, so long as the central bank follows new requirements.<br />But Markets Insider reports some economists worry a bailout could cause stagnation and political risks.<br />Argentina has had 22 IMF deals since 1958, and none have restored macroeconomic stability on a sustained basis. <br />

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