By Carlos Aznarez, May 8, 2018
Now the worst of the neoliberal onslaught of macrismo in Argentina, which has become the cemetery of the flattened balloons of Cambiemos, (political coalition created in 2015) has arrived. President Macri announced with a stony face that he has already agreed with IMF Director Mrs. Lagarde, with the generosity that characterizes it, a loan to the country of around 30 billion dollars. Or even more.
This is the final thrust for the return of the country, without the need for a time machine, to the much feared 2001. It is ironic that one of Macri’s current advisors concerning the loan is Domingo Cavallo, the same one who back then was in charge of the economy, placing the country in a corral of dispossession and looting.
In just two years, the man who had promised in his lying electoral campaign that inflation would fall and employment figures would be respected, has managed to increase the external debt by 35% and this is without counting the current loan, plus other covert ones obtained during the last four months. In just the last few hours the country risk rose to 485 basis points exceeding all previous maximum marks.Learn More