The Intelligence from The Economist Cash and checks: Argentina’s next IMF loan
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Apr 16, 2025 
Kinley Salmon, the Latin America correspondent for The Economist, and Stanley Bignall, a Charlemagne columnist, dive into Argentina's ongoing saga with the IMF, analyzing potential reforms and the $20 billion loan's implications. They also discuss rising high-speed chases in Texas and how local police are navigating these dangerous situations. Additionally, the conversation shifts to Europe, where geopolitical tensions are prompting individuals to prepare for crises, echoing lessons from the Cold War.
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Argentina's IMF Loans
- Argentina and the IMF have a history of failed loan agreements.
- Despite this, there's optimism that the current $20 billion loan might be different due to Argentina's recent economic reforms.
Past IMF Failures
- Argentina's history with IMF programs is marked by failures, including a severe recession in the early 2000s.
- This led to bank runs, street clashes, and the president's dramatic resignation.
Milei's Potential
- President Javier Milei's track record suggests potential for change.
- His actions have led to reduced inflation and economic growth, despite initial challenges.