Argentina's collapse incited the largest default in history. Pundits agree this is merely the latest in a string of IMF-led bailouts that squandered billions of dollars and failed to save the economies they were meant to help. The nature of that failure, however, is disputed. Some claim that the IMF was too lenient; others that it was too tough.
Argentina's collapse incited the largest default in history. Pundits agree this is merely the latest in a string of IMF-led bailouts that squandered billions of dollars and failed to save the economies they were meant to help. The nature of that failure, however, is disputed. Some claim that the IMF was too lenient; others that it was too tough.