How the IMF and US helped loot and entrap Argentina with debt (opens in new tab)

Friends with benefits By Thomas PalleyArgentina is back in the news with renewed financial turmoil spurred by President Milei’s poor political standing. That poor standing is the product of anger with Argentina’s dire economic performance and massive corruption within Milei’s administration, and it augurs poorly for his party’s performance in the forthcoming October 2025 election.In response, the IMF and US have jumped into action to save Milei’s government. The IMF had already provided a $20...