Now that Argentina received the International Monetary Fund’s largest loan ever, of $56 billion, it is recommending more austerity, which, as the data so far shows, will only prolong the country’s economic crisis, says CEPR’s Mark Weisbrot

Visit https://therealnews.com for more stories and help support our work by donating at https://therealnews.com/donate.

** (Disclaimer: This video content is intended for educational and informational purposes only) **

The Real News is a viewer-supported media network bringing you the stories from the frontlines of the fight for a better world.

By elboriyorker

HOSTING BY PHILLYFINESTSERVERSTAT | ANGELHOUSE © 2009 - 2024 | ALL YOUTUBE VIDEOS IS A REGISTERED TRADEMARK OF GOOGLE INC. THE YOUTUBE CHANNELS AND BLOG FEEDS IS MANAGED BY THERE RIGHTFUL OWNERS. POST QUESTION OR INQUIRIES SEND ME AN EMAIL TO elboriyorkeratgmailcom (www.phillyfinest369.com)

22 thoughts on “The IMF is at it Again in Argentina’s Economic Crisis”
  1. Any country that places any trust in the international financial terrorist organization calling it's the IMF. They should be dragged into the streets and SHOT!

  2. What!? You mean Trickle-down austerity economics doesn't work?! Excellent analysis from Weisbrot. Somebody should send every Congressperson a copy of Mark Blyth's book on austerity.

  3. This guy is a Milton Friedman. …a fraud….he doesn't know how to explain economics. Try reading a book by William Mitchell reclaiming the state. ….a TRUE economists

  4. Shared on Google+ …. The IMF is a corrupt Bank that loans money to countries who are struggling because they have had rulers steal the wealth of the PEOPLE then it goes back into the hands of the IMF. Christine Legarde just awarded a 3.9 Billion loan to Ukraine, a corrupt Poroshenko, who used the 2 billion he got from the US and went on a holiday last year he spent 10 million on lavish gifts while 400 and more of his men were dying in his country. Providing money to Poroshenko, is given because they want this corrupt government to stay in power, there will be elections soon, it would be a ploy from TRUMP as he wants to remain in Ukraine and this is where the dispute of the GAS will happen, it is all there plain and simple, thievery allowed by the IMF and the USA is once again meddling in foreign countries in order to gain control over the GAS in Europe, If I were Putin I would let you freeze as you all do not want to trade with their country so why should Russia help them,

  5. As they begin laying off public employees I hope they'll also be laying off cabinet members and lowering their wages.( In the name of belt tightening )

Comments are closed.