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Hard Diagnosis of Argentina From One of the Largest Banks in the World: Stagnation, Negative Reserves and Expanding Debt
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“You can’t always have what you want.” This is the title of a report on Argentina, in Rolling Stones code, that the Barclays bank, one of the most important players in the global financial system, circulated among its customers. Barclays states, in the work LPO agreed to, that “net reserves, excluding IMF disbursements, are now lower than when Milei assumed” and warns that “there are no clear signs that the government intends to reverse that ext…
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