20 billion to argentina

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By jerra b
14 Oct 2025 8:59 pm in No Holds Barred Political Forum
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jerra b
14 Oct 2025 8:59 pm
14 Oct 2025 8:59 pm
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seriously?

https://www.cnn.com/2025/10/12/economy/ ... t-currency
But this bailout isn’t urgent, it’s happening at an awkward time, and critics are accusing Trump of using billions of American dollars just to prop up one of his own personal allies.“The Treasury’s decision to offer a ‘swap’ in Argentina is really a signal that Washington is willing to wield its financial tools for political purposes in ways that depart from past norms,” wrote Heidi Crebo-Rediker, a former chief economist at the State Department, and Douglas Rediker, a former US representative on the International Monetary Fund’s executive board, in a Financial Times column published on October 2.This is all while the US government is shut down, which has resulted in more than a million federal workers being furloughed or working without pay.“It is inexplicable that President Trump is propping up a foreign government, while he shuts down our own,” Democratic Sen. Elizabeth Warren of Massachusetts said in a statement on Thursday.Meanwhile, the result has been a one-two punch against American farmers from Trump’s own policies. American farmers are having a tough year, in no small part because of Trump’s bid to reshape global trade. And Argentina’s bailout inadvertently worsened their plight.

 
 
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ROG62
14 Oct 2025 9:16 pm
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jerrab » 14 Oct 2025, 8:59 pm » wrote:   
seriously?

https://www.cnn.com/2025/10/12/economy/ ... t-currency
But this bailout isn’t urgent, it’s happening at an awkward time, and critics are accusing Trump of using billions of American dollars just to prop up one of his own personal allies.“The Treasury’s decision to offer a ‘swap’ in Argentina is really a signal that Washington is willing to wield its financial tools for political purposes in ways that depart from past norms,” wrote Heidi Crebo-Rediker, a former chief economist at the State Department, and Douglas Rediker, a former US representative on the International Monetary Fund’s executive board, in a Financial Times column published on October 2.This is all while the US government is shut down, which has resulted in more than a million federal workers being furloughed or working without pay.“It is inexplicable that President Trump is propping up a foreign government, while he shuts down our own,” Democratic Sen. Elizabeth Warren of Massachusetts said in a statement on Thursday.Meanwhile, the result has been a one-two punch against American farmers from Trump’s own policies. American farmers are having a tough year, in no small part because of Trump’s bid to reshape global trade. And Argentina’s bailout inadvertently worsened their plight.
 @MR-7   has the skinny...
 
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Johnny You
15 Oct 2025 1:54 am
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ROG62 » 14 Oct 2025, 9:16 pm » wrote:  @MR-7   has the skinny...

I need the meme of people laughing..

"And then Miele dropped his export tax on soybeans and sold out to China"

China has bought zero soybeans from us in recent months.  Farmers have Soybeans coming out their azz and no place to go. So Trump is going to bail them out too?

 
DUMP THE TRUMP SLUMP 2026!
Bump Caps Recommended..
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jerra b
15 Oct 2025 7:47 am
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JohnnyYou » 15 Oct 2025, 1:54 am » wrote: I need the meme of people laughing..

"And then Miele dropped his export tax on soybeans and sold out to China"

China has bought zero soybeans from us in recent months.  Farmers have Soybeans coming out their azz and no place to go. So Trump is going to bail them out too?

he might give the american farmers 10 bucks.

maybe..............
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nefarious101
15 Oct 2025 8:45 am
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typical....hormonal imbalances and uncontrollable emotional stability bring us another TDS Complaint

and a LGBT compliant fake news CNNLOL SAYS link no less
ImageImage
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MR-7
15 Oct 2025 8:53 am
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jerrab » 14 Oct 2025, 8:59 pm » wrote:   
seriously?

https://www.cnn.com/2025/10/12/economy/ ... t-currency
But this bailout isn’t urgent, it’s happening at an awkward time, and critics are accusing Trump of using billions of American dollars just to prop up one of his own personal allies.“The Treasury’s decision to offer a ‘swap’ in Argentina is really a signal that Washington is willing to wield its financial tools for political purposes in ways that depart from past norms,” wrote Heidi Crebo-Rediker, a former chief economist at the State Department, and Douglas Rediker, a former US representative on the International Monetary Fund’s executive board, in a Financial Times column published on October 2.This is all while the US government is shut down, which has resulted in more than a million federal workers being furloughed or working without pay.“It is inexplicable that President Trump is propping up a foreign government, while he shuts down our own,” Democratic Sen. Elizabeth Warren of Massachusetts said in a statement on Thursday.Meanwhile, the result has been a one-two punch against American farmers from Trump’s own policies. American farmers are having a tough year, in no small part because of Trump’s bid to reshape global trade. And Argentina’s bailout inadvertently worsened their plight.
The $20B currency swap isn’t a handout—it’s a strategic stabilization move. Argentina’s peso was in freefall, risking regional contagion. The U.S. Treasury has only done this four times since 1996. This isn’t about Milei—it’s about preventing a Latin American financial implosion that could ripple into U.S. markets.

Argentina was facing acute illiquidity, according to Treasury Secretary Scott Bessent. The peso was collapsing, bond markets were seizing, and capital flight was accelerating. If that’s not urgent, what is?

The real pain for farmers stems from global commodity volatility and trade realignments—not Argentina’s bailout. In fact, stabilizing Argentina could help prevent further shocks in soy, corn, and beef markets where both countries compete. The swap doesn’t flood the market—it shores up Argentina’s reserves.

The Treasury’s emergency authority doesn’t vanish during a shutdown. Financial stability measures—especially those involving foreign exchange—are carved out precisely to prevent cascading crises. The swap didn’t use congressional appropriations; it leveraged existing FX mechanisms.

Milei is a libertarian reformer trying to dismantle decades of economic mismanagement. Supporting a pro-market ally in the hemisphere isn’t cronyism—it’s strategic alignment. The IMF has already burned $50B trying to fix Argentina. This is a new approach

You should quit posting things that are just not true....
 
 
 
So, let's recap the Ignorance here...shall we.

BV posted...Only the zealously stupid, like zeet and a few other local dim lights, believe that 1.87 has any meaning beyond the symbolic. Supply/Demand stooges who believe POTUS can control oil prices.........

Then he posted....Grifty was the entire reason gas went to 4.50 this year. :lol:
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Blackvegetable
15 Oct 2025 9:11 am
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ROG62 » 14 Oct 2025, 9:16 pm » wrote:  @MR-7   has the skinny...
Not **** likely, Ruby....
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Blackvegetable
15 Oct 2025 9:12 am
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MR-7 » 15 Oct 2025, 8:53 am » wrote: The $20B currency swap isn’t a handout—it’s a strategic stabilization move. Argentina’s peso was in freefall, risking regional contagion. The U.S. Treasury has only done this four times since 1996. This isn’t about Milei—it’s about preventing a Latin American financial implosion that could ripple into U.S. markets.

Argentina was facing acute illiquidity, according to Treasury Secretary Scott Bessent. The peso was collapsing, bond markets were seizing, and capital flight was accelerating. If that’s not urgent, what is?

The real pain for farmers stems from global commodity volatility and trade realignments—not Argentina’s bailout. In fact, stabilizing Argentina could help prevent further shocks in soy, corn, and beef markets where both countries compete. The swap doesn’t flood the market—it shores up Argentina’s reserves.

The Treasury’s emergency authority doesn’t vanish during a shutdown. Financial stability measures—especially those involving foreign exchange—are carved out precisely to prevent cascading crises. The swap didn’t use congressional appropriations; it leveraged existing FX mechanisms.

Milei is a libertarian reformer trying to dismantle decades of economic mismanagement. Supporting a pro-market ally in the hemisphere isn’t cronyism—it’s strategic alignment. The IMF has already burned $50B trying to fix Argentina. This is a new approach

You should quit posting things that are just not true....
Where is this utter and complete **** coming from?

 
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Blackvegetable
15 Oct 2025 9:14 am
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jerrab » 15 Oct 2025, 7:47 am » wrote: he might give the american farmers 10 bucks.

maybe..............
Oh, no.....you will pay twice....

 
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MR-7
15 Oct 2025 9:26 am
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There you go you little Slack-Jawed Bitch.

US buys Argentine pesos, agrees to $20 billion swap line, Bessent says

Trump welcomes Argentina's Milei to White House as $20 billion currency swap deal unfolds

US provides 20 billion loan to Argentina

US, Argentina finalize $20 billion swap to stabilize peso reserves

US finalizes $20 billion currency swap with Argentina | International | EL PAÍS English
So, let's recap the Ignorance here...shall we.

BV posted...Only the zealously stupid, like zeet and a few other local dim lights, believe that 1.87 has any meaning beyond the symbolic. Supply/Demand stooges who believe POTUS can control oil prices.........

Then he posted....Grifty was the entire reason gas went to 4.50 this year. :lol:
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Blackvegetable
15 Oct 2025 9:58 am
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“I continue to hear from American business leaders who, thanks to President Milei’s leadership, are eager to tie the American and Argentine economies more closely together,” Bessent continued, “The Trump administration is resolute in our support for allies of the United States.”

Argentina represents less than 1% of our exports. At less than 10 billion, it is about 11% of the business we do with Holland. 



 
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Blackvegetable
15 Oct 2025 9:59 am
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We sell 2.5 X more to Brazil.
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*Roshambo
15 Oct 2025 10:03 am
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This financial rescue is quite distasteful.
US Farmers are upset.
chase me :rofl: :rofl: :rofl:

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MR-7
15 Oct 2025 10:09 am
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Blackvegetable » 15 Oct 2025, 9:42 am » wrote: How is it NOT a bail out?
Give us your definition of bail out.....
 
So, let's recap the Ignorance here...shall we.

BV posted...Only the zealously stupid, like zeet and a few other local dim lights, believe that 1.87 has any meaning beyond the symbolic. Supply/Demand stooges who believe POTUS can control oil prices.........

Then he posted....Grifty was the entire reason gas went to 4.50 this year. :lol:
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PhiloBeddo
15 Oct 2025 10:47 am
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I'm ok with it. Better than paying for Tranny ****.
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*Roshambo
15 Oct 2025 11:05 am
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I offer my prayers for all the soybean farmers in the United States.
chase me :rofl: :rofl: :rofl:

🍗 fried
I live rent free in your mind
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*Roshambo
15 Oct 2025 11:07 am
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jerrab » 14 Oct 2025, 8:59 pm » wrote:   
seriously?

https://www.cnn.com/2025/10/12/economy/ ... t-currency
But this bailout isn’t urgent, it’s happening at an awkward time, and critics are accusing Trump of using billions of American dollars just to prop up one of his own personal allies.“The Treasury’s decision to offer a ‘swap’ in Argentina is really a signal that Washington is willing to wield its financial tools for political purposes in ways that depart from past norms,” wrote Heidi Crebo-Rediker, a former chief economist at the State Department, and Douglas Rediker, a former US representative on the International Monetary Fund’s executive board, in a Financial Times column published on October 2.This is all while the US government is shut down, which has resulted in more than a million federal workers being furloughed or working without pay.“It is inexplicable that President Trump is propping up a foreign government, while he shuts down our own,” Democratic Sen. Elizabeth Warren of Massachusetts said in a statement on Thursday.Meanwhile, the result has been a one-two punch against American farmers from Trump’s own policies. American farmers are having a tough year, in no small part because of Trump’s bid to reshape global trade. And Argentina’s bailout inadvertently worsened their plight.
Image  
Argentina has been bailed out at least 23 times since 1956.
 
 
chase me :rofl: :rofl: :rofl:

🍗 fried
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Johnny You
15 Oct 2025 11:12 am
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Roshambo » 15 Oct 2025, 11:07 am » wrote: Image  
Argentina has been bailed out at least 23 times since 1956.
So don't  cry for them..

Cry for our farmers with Silos full of soy beans with no destination..
 
DUMP THE TRUMP SLUMP 2026!
Bump Caps Recommended..
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*Roshambo
15 Oct 2025 11:13 am
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JohnnyYou » 15 Oct 2025, 11:12 am » wrote: So don't  cry for them..

Cry for our farmers with Silos full of soy beans with no destination..
I offer my prayers for all the soybean farmers in the United States.
 
chase me :rofl: :rofl: :rofl:

🍗 fried
I live rent free in your mind
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