According to the Buenos Aires-based consulting firm 1816 Economia & Estrategia, Argentina is on the brink of financial collapse as it has depleted all of its liquid international reserves and has reportedly spent an additional estimated $1 billion.
Argentina’s fight to prevent its problematic currency from a total meltdown is leaving the central bank, by some estimates, broke.
The South America nation has already spent all of its liquid international reserves, plus another estimated $...