It says HERE that a paper written by an economist specializing in Latin American matters tells an interesting story about Pope Francis and other Catholic bishops in Argentina:

Francis…seems to be an opponent of austerity, most notably during his time as spiritual leader of Argentina when the country defaulted on its debt in 2002.

A paper by Thomas Trebat, “Argentina, the Church, and Debt,” details the church’s role in the crisis’s resolution. Argentine bishops, including Francis, had long criticized the laissez-faire policies of Carlos Menem, who was president from 1989 to 1999. “The bishops were critical of the economic model as a ...

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