That revolution needs to be an internal one... to overthrow their self-defeating economic system
Argentina’s Endless Cycle: Why Sovereign Debt Crises Keep Returning
Argentina’s recurrent debt crises reflect deep structural weaknesses: fiscal dominance, financial dollarization and institutional fragility. Despite repeated reforms, external bailouts and policy swings, the country remains trapped in a cycle of over-borrowing, defaulting and restructuring. Understanding these crises requires an empirical look at debt dynamics and a theoretical framing in terms of financial fragility, creative destruction and credibility traps.
Argentina’s recurrent debt crises reflect deep structural weaknesses: fiscal dominance, financial dollarization and institutional fragility.
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