Argentina’s political & economic situation right now?

  • Big challenges as economy bad & worsening (inflation risks, current account deficit worrying, no access to international capital (since 2001 default)).
  • But resistance from within own ranks will make it very hard for populist Peronist government of Cristina Kirchner to take drastic and much-needed measures to get economy back on rails.
  • Expected move away from left to center in October 2015 presidential election.
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