In Argentina, economic rationality is widely regarded as political lunacy. Cristina and her cronies fear that unless it nosedives within a couple of months, they will end up behind bars. Over the years, Argentine jurists have proved to be good at throwing spanners into the economic works; there is no reason to suppose that they have lost their ability or desire to continue doing so. For a few months, many hoped that Argentina would, uncharacteristically, prove to be a bright spot. They clearly underestimated the power of the forces that are determined to stop or slow down change.

Source: Bueno Aires Herald August 21, 2016 02:37 UTC