963: Argentina failing again and what it means for the Biden Administration in the Americas. @MaryAnastasiaOG; @WSJOpinion;
Image: Plaza de Mayo, Buenos Aires Mary Anastasia O’Grady: @MaryAnastasiaOG; @WSJOpinion;WSJ editorial board; The Americas column; in re: Argentina has debt and no way to solve it. The union problem is acute there right now. You could take the same column for the 80s, 90s, late 200s, and all the fiscal and monetary problems are the same: they print pesos to pay bills, get inflation, default on their debt, do the cycle again. When they have to import things, basically priced in dollars, they pay more. https://www.wsj.com/articles/argentinas-credibility-crisis-11609709871