- Official Post
Macri inherited a US$86 billion mess, which he failed to blame on the previous administration, then borrowed US$50 billion +/- from the IMF and now he's to blame from the mess that we're in, apparently. The truth is that this country will never get out of this black borrowing hole if they don't slash public spending and handouts, but that's not going to happen. heck, it didn't even happen under Macri, apart from ditching a few hangers on (ñoquis).
Now the country is borrowing from Russia and Saudi Arabia, two countries known for their versions of democracy, just like China. Borrowing to pay off debts and to top up the dwindling central bank reserves which are almost dry.
I wonder if they feel proud of themselves.