The economy of Argentina is in a dangerous situation:
- capital outflows
- high inflation
- low growth or negative economic growth (we will see the statistics for the current semester in a few weeks).
- fiscal deficit
The dynamic behavior of all this variables is worsening. In Latin America, Venezuela is the only country that has stagflation.
¿How did Argentina land into this situation? When the government of Mauricio Macri started, it quickly liberalized the capital market and took fiscal measures to reduce the enormous deficit, hoping to: