Well, it is a fact that every time the IFM is welcome, the economy collapses.
You are quite correct but the US was the main bartender and offered more drink to a staggering Macri, in the hope it would save him from falling down. The conservative-liberal government was given loans far more readily than the present government, who are already being told who to have as friends if they want any debt relief from the IMF. We can agree that it was more Macri's irresponsibility and incompetence than the IMF that is responsible for the present mess but the question is where do we go from here: the economic data suggested Macri had very little idea of how to get Argentina back on track. Trump is pulling the same strings with Iraq by telling them that if they want US troops to leave they have to reimburse USA billions of dollars for an American airbase that the US built. Economic pressure via IMF or directly is every bit as much USA power policy as it is of Russia or China.
