Tuesday, December 9, 2025

Search
Submit Spout

Villas

The US is trading $20 billion in currency to save the Argentine peso, adding to at least 2 earlier buys of pesos, an extraordinary aid to Argentina as its economy under DT pal Javier Milei tanks. Treasury head Bessent asked private lenders & wealth funds to add $20 bill more. DT wants the US to buy Argentine beef, angering U.S. cattle farmers. The administration wants a Trump-like politician to succeed, and Bessent’s hedge-fund billionaire friends invested heavily in Argentine bonds in a bet on Milei. Bailing out the government will let them get their money out. Who are we really bailing out

2 months ago Share

Disqus Comment Section Below ⬇️

Something on your mind? Spout about it!

Spout submissions are anonymous!

600 characters remaining