Krasnov Gives 20 Billion Dollar Bailout To Argentina

[peppertree]

11. Right. That's how Clinton handled Mexico's bailout: he submitted it to Congress - but good luck getting that from Cheeto

And the same goes for Argentina: the bailout should - by their own laws - be approved by their Congress first.

But Bessent (who reputedly has both investments and a gay lover in Argentina) is already trying to frame this as a "swap" - mind you, between U.S. dollars and a currency that, since 2001, has lost an average of 26% of its value annually. Why?

Because Milei's cronies have informed him that they could (with connivance from Argentina's infamous Supreme Court) skirt congressional review that way.

Either way, U.S. and Argentine taxpayers will surely both get the shaft if this goes through:

U.S. taxpayers, because we'll never see that money again (at a time when Trump is kicking seniors out of nursing homes)...

and Argentine taxpayers because it'll just be another $20 or even 40 billion in debt that will only go to finance offshoring by local elites and foreign banksters.

Just like in 1981, 1989, 2001, and 2018.

Cry for Argentina. Because they never learn (and even if they do, it's imposed on them).