CoinDesk reported:
When, as a journalist in Argentina, I covered that country’s decade-long, torturous debt restructuring in the 2000s, I found myself sympathetic to the domestic left’s critique of the U.S.-led IMF’s excessive power. But I also had little faith in the corrupt and dysfunctional Argentine political system, which led me to begrudgingly view the IMF as a necessary disciplinarian. I found Argentine government protestations that Washington was stripping the country of its economic sovereignty to be self-serving, as it was really about protecting a corrupt political class.