Such predictions are light years away from the hope and enthusiasm that welcomed center-right Macri when his election in 2015 effectively ended twelve years of rule by the controversial populist Peronist couple, Néstor and Cristina Kirchner. “There is no question that Argentina is going to enter into a severe recession in the next year,” is the ominous assertion of economist Brad Setser, in an interview with Altamar to discuss the financial crisis facing Argentina and its President Mauricio Macri.