Before you watch this, let me explain that the IMF is on record as saying that neoliberalism doesn't work. Here they are though pushing it extremely aggressively in Argentina, and, as expected, it hasn't worked. What the ____ are they up to?
I think they don't know. I think they are as a deer frozen by headlights with the US being the headlights. They seem afraid to counter the US neoliberal mantra. They're making a huge error.
They really know what works and should be pushing it instead regardless of Trump or anyone else.
Even with the IMF's largest loan ever, Argentina cannot seem to avoid rising unemployment, high inflation, and recession. CEPR's Mark Weisbrot explains that this is because they are following the usual failed neoliberal recipe.