(2020-05-04). Without an Economic Recovery, Argentina Cannot Repay Its Debt. cepr.net For those following Argentina's debt saga, the current situation might seem eerily familiar: after the implosion of an IMF program, Argentina finds itself at the brink of default, with a debt burden, denominated in foreign currencies, that it simply cannot pay. In contrast with Argentina's default in 2001, when it reached agreements with most of …