perry
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Argentina running dangerously low on dollars to pay back debt
Argentina must repay US$5 billion by the end of 2019. It doesn’t have much to work with.

This negative article implies that Argentina could default on its foreign debt very soon as the useable foreign reserves are less than 12 billion dollars . Argentina accumulated under Macri over 105 billion dollars of debt and this country has no means to pay this back nor any more credit lines . The default is coming but when .
I believe it will be sooner than later and could be in 2020 . This will have a huge effect on the economy creating hyper inflation and devaluation something similar to Venezuela. As expats in Argentina we must have always a second option as when the shit hits the fan time is of the essence .
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