We know 44bn is due the IMF. approx 7bn was sold as local bonds that are due very soon. And the rest of the estimated $330bn Argentina owes? (not all of which, of course, was borrowed by Macri).
Nobody knows. This kind of debt changes hands all the time, and as the value of it goes down, currently its mostly trading at a perceived value of 40% of face- vultures, like Singer and his ilk, buy more and more of it.
But my "mysteriously" applies mostly to what happened to the $150bn AFTER he borrowed it. Where did that go?
With Evo, its pretty transparent, as there are physical objects that his relatively paltry budget was spent on, as well as education, the womens traffic police, and built El Alto from slums into a vibrant and profitable part of the city.
Evo built up the GDP, increased the foreign reserves, shifted the hydrocarbon profits from private hands to the public coffers, doubled public investment as a percentage of GDP, increased foreign investment, reduced poverty and income inequality, increased the minimum wage, and, for some of the years he was in office, ran a budget surplus.
All things that neither Fernandina, nor, most especially, Macri, could come close to- in most cases, Macri did the exact opposite.
