Bessent’s paper-thin excuse doesn’t hide the fact it is definitely a bribe for Milei’s election.
No it’s to repay creditors in New York who made Bessent personally rich years before this. It’s been a brewing story for a while.
https://www.nytimes.com/2025/10/10/business/dealbook/aid-argentina-investors-bessent.html
Debt vultures.
The fuck happened to America first you hypocritical cum rags? You got infinite money for bolstering the far right around the world but none for human decency and development? I’m so fucken sick of these guys. What’s the point of going to work anymore? Dont do it. Fuck this country. Stop everything. Right fucken now.
That’s could instead be $116 per American, for idk groceries? That’d get you through maybe half a week.
Or better yet, like $350 per American below median income.
What the heck are you buying that $116 would only last you 3 days
For a family?
Rice, beans, tortillas, a protein, lettuce, bread, deli meat, seltzer, soda, juice, cereal, milk, eggs, butter, carrots, some berries…
After 3-4 days I have some rice, maybe 2 slices of bread maybe 2 cans of seltzer left.
That’s about $100. Misc items (beer, wine, cat food, tooth paste, deodorant, toilet paper) easily bring it over $116 on a very consistent basis.
That’d last about 3-4 days.
Where do you live that this seemed strange? I can’t recall spending less than $80 on any trip to the grocery store in the last 2 years or so.
Ah, you said per American originally but then meant food for a family. I thought you meant food for one person.
Per taxpayer it’s closer to $300, which would be you and a partner each, so $600. Sounds like that’s about 3 weeks of groceries for your family.
Do these weirdos practice these stances? Nobody stands like this with their fist under their chin unless they are posing for photos at Olan Mills.
I don’t know jack about economics or finance. But perplexity is pretty good about sticking to academic research when instructed to. Answers condensed for brevity; I also bolded the final conclusion.
me: is the united states is presently supporting the Argentine currency?
Yes, the United States is currently supporting the Argentine currency (the peso) through various measures […]
me: give historical examples where similar currency supports have achieved their objective
Mexican Peso Crisis (The “Tequila Crisis”) in 1994-1995 […] Asian Financial Crisis (South Korea) in 1997-1998
Key Takeaway success was largely due to:
Massive Scale: The bailouts were large enough to overwhelm speculative attacks and restore market confidence.
Strict Conditions/Reforms: The funding was tied to the recipient country agreeing to and implementing serious, politically difficult, and far-reaching structural and fiscal reforms that addressed the root causes of the crisis.me: is the current $20 billion US bailout for Argentina sufficient in scale?
The current consensus among many analysts is that the $20 billion U.S. financial support package (primarily a currency swap line and potential bond purchases) is a strong political signal and a crucial temporary lifeline, but is unlikely to be sufficient on its own to resolve Argentina’s deep-seated structural and currency crisis in the long term.
Okay, now ask “why should I pay for a bailout for Argentina while my government is shut down during failed (so far) attempts to cut healthcare?”
Maybe also “why can’t a spending bill just be passed through budget reconciliation which only requires a simple majority instead of 60 votes in the Senate?”
Or maybe “why is speaker Mike Johnson refusing to swear in the elected rep from Arizona? Why isn’t the House in session?”
