@MR-7 has the skinny...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.
JuCo 5 percenter...72
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom 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?

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.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.
Not **** likely, Ruby....
Where is this utter and complete **** coming from?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....
Oh, no.....you will pay twice....jerrab » 15 Oct 2025, 7:47 am » wrote: ↑ he might give the american farmers 10 bucks.
maybe..............
There you go you little Slack-Jawed Bitch.
How is it NOT a bail out?MR-7 » 15 Oct 2025, 9:26 am » wrote: ↑ 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
Give us your definition of bail out.....
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.
So don't cry for them..Roshambo » 15 Oct 2025, 11:07 am » wrote: ↑![]()
Argentina has been bailed out at least 23 times since 1956.
I offer my prayers for all the soybean farmers in the United States.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..