Dollarization is like a straightjacket. It immobilizes the patient, but it doesn't fix anything. Take Argentina's trade balance. Argentina… | Instagram
![Robin Brooks on X: "Argentina blames weak exports on the trade deficit, but a simple look at the data shows this isn't really what's going on. Imports are near their all-time high, Robin Brooks on X: "Argentina blames weak exports on the trade deficit, but a simple look at the data shows this isn't really what's going on. Imports are near their all-time high,](https://pbs.twimg.com/media/F2OZN7-XIAEK0EF.png)
Robin Brooks on X: "Argentina blames weak exports on the trade deficit, but a simple look at the data shows this isn't really what's going on. Imports are near their all-time high,
Trinidad and Tobago TT: Trade Balance: Emerging and Developing Economies: Western Hemisphere: Argentina | Economic Indicators | CEIC
![Robin Brooks on X: "Argentina should be an export powerhouse, but it has trade deficits. Reason isn't a bad harvest. Exports (blue) are near 2019 pre-COVID levels. Instead, imports are 40% higher Robin Brooks on X: "Argentina should be an export powerhouse, but it has trade deficits. Reason isn't a bad harvest. Exports (blue) are near 2019 pre-COVID levels. Instead, imports are 40% higher](https://pbs.twimg.com/media/F4KLITzXYAA9Qqv.png)