The real Argentine problem is not the fiscal deficit it but the current account and balance of trade deficits. The latter two are a consequence of the free market policies Macri's government established to run the country. The fiscal deficit is financed with pesos, the other two are financed wth dollars. Argentina's chronical problem is the lack of enough dollars to run the economy and the Macri's government policies only deepened the problem. Last year alone 30 billion US dollars were thrown away in tourism and people buying dollars to keep them in foreign banks. The minister of Energy (Aranguren) and of Finance (Caputo) are among those people.