The Trump administration moved forward with its $20 billion bailout of Argentina. Friends of Treasury Secretary Bessent stand to benefit financially from an Argentina economic lifeline, including investors he worked with when employed by George Soros.

    “They can call it what they want, but it’s a bailout,” said Monica de Bolle, a senior fellow at the Peterson Institute for International Economics. “It’s a country in crisis, it’s running out of dollars, and the U.S. is giving the country dollars. That’s a bailout by definition.”

    ^ from the article

    https://www.nytimes.com/2025/10/09/us/politics/argentina-bailout-investors.html

    Posted by AlexandrTheTolerable

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