Argentina - Strong position vs the IMF

Argentina can remain irrational longer than the IMF can negotiate in good faith.

Current status of Argentina’s negotiations with the IMF:

IMF: You owe us $40 billion dollars. Now accept our demands.

Martín Guzmán: LOL. You don’t understand how negotiations work.

I don’t know if the IMF will successfully renegotiate its agreement with Argentina in 2022, but I do know that there is almost zero reason to believe Argentina will give in to …