International Argentina economy to skyrocket, first budget surplus in decades

[Phisher]

Breaking Points did a great breakdown of how corrupt this is.

This whole bailout is basically just Scott Bessent using the treasury to save his idiot investor friends, who are all leveraged on Argentina's currency.

US Taxpayers are getting doubly screwed because they're subsidizing Argentina, and Argentina is using the bailout guarantee to slash export taxes so that they can sell soybeans to China that the Chinese normally would've bought from American farmers before Trump started this bullshit trade war.

It should also be noted that USAID's budget was $35 billion, so whatever "savings" were supposedly incurred by shutting it down have totally been wiped out along with all of the tangential influence that those programs carried for the US. (USAID also bought soybeans from farmers for foreign distribution.)

 

[Source]

What’s MAGA saying about this? They lost it when we sent money to Ukraine but haven’t heard much about this bailout.

Foreign aid is good now.

 

[Siver!]

Foreign aid is good now.

"Do you like this thing the Dems did?"

BOOOOO!!! NOOOOO!! LOCK THEM UP, LOCK THEM UP!!!

"How about now Trump did it?"

WOOOOO! USA! USA!

Be a long time until they can be taken seriously again.

Absolute pantomime audience.

 

[Phisher]

 

[Siver!]

Thank you President Milei!

 

[Cajun]

"Do you like this thing the Dems did?"

BOOOOO!!! NOOOOO!! LOCK THEM UP, LOCK THEM UP!!!

"How about now Trump did it?"

WOOOOO! USA! USA!

Be a long time until they can be taken seriously again.

Absolute pantomime audience.

Reverse also seems correct at least in here.

 

[Siver!]

Reverse also seems correct at least in here.

I think the left is generally more likely to see the benefit of foreign aid.

If it's aimed at preventative medicine or a fairly direct national security issue, the left are generally on board. To prevent mass suffering and famine, too.

I suppose the left isn't buying into the "give Argentina a bunch of dollars because Milei speaks nicely of Trump" though, or generally arms sales to people who blatantly misuse them.

 

[fingercuffs]

And his muppet Moronicas are still denying that our farmers were already going out of business before he gave our soy beans business to fucking China.
Our farmers also depended on USAID which he cut. That was $35 billion. He just gifted Argentina $40 billion.

Wake the fuck up.

 

[Cajun]

I think the left is generally more likely to see the benefit of foreign aid.

If it's aimed at preventative medicine or a fairly direct national security issue, the left are generally on board. To prevent mass suffering and famine, too.

I suppose the left isn't buying into the "give Argentina a bunch of dollars because Milei speaks nicely of Trump" though, or generally arms sales to people who blatantly misuse them.

Then they wouldn't have been against this...the other thread on it seemed like everyone was opposed and we are hurting our farmers etc. Its just politics imo.

 

[Siver!]

Then they wouldn't have been against this...the other thread on it seemed like everyone was opposed and we are hurting our farmers etc. Its just politics imo.

I guess people are just doubting that Argentina has it worse than other countries that aren't being offered bailouts.

The situation in Argentina is very unfortunate, but there's no question Milei cut his own populace off from aid and assistance en route to this point.

I would not trust a man who wielded a chainsaw to his own economy (and bragged about it) to do anything noble with that money.

 

[Cajun]

I guess people are just doubting that Argentina has it worse than other countries that aren't being offered bailouts.

The situation in Argentina is very unfortunate, but there's no question Milei cut his own populace off from aid and assistance en route to this point.

I would not trust a man who wielded a chainsaw to his own economy (and bragged about it) to do anything noble with that money.

Most of the govts in countries that aid is provided take the money imo. Unless there are peeps on the other end ensuring the money is used appropriately it likely just the govt keeping it. Doesn't mean we shouldnt help but yeah..

 

[Sweater of AV]

Lmao.

We need @Madmick's expert donkey analysis in here imho.

 

[Siver!]

Most of the govts in countries that aid is provided take the money imo. Unless there are peeps on the other end ensuring the money is used appropriately it likely just the govt keeping it. Doesn't mean we shouldnt help but yeah..

That's kinda what I meant when I said I wouldn't trust Milei with the money - the government and cronies keeping most of it.

His economics looks like they're aimed at funneling as much money to the top as possible.

I doubt Argentina as a whole benefits a ton from this money. I bet insiders do, though.

 

[Cajun]

That's kinda what I meant when I said I wouldn't trust Milei with the money - the government and cronies keeping most of it.

His economics looks like they're aimed at funneling as much money to the top as possible.

I doubt Argentina as a whole benefits a ton from this money. I bet insiders do, though.

But then why support any of it (Im for aid btw... just asking the question)? Ultimately, inflation is going down from what I read and they are in the midst of a recovery. Lets see if this helps. The currency swap strengthens the peso. That should be a net benefit.

 

[luckyshot]

 

[Siver!]

But then why support any of it (Im for aid btw... just asking the question)? Ultimately, inflation is going down from what I read and they are in the midst of a recovery. Lets see if this helps. The currency swap strengthens the peso. That should be a net benefit.

I'd give aid to the absolute most in need first.

Above that, you can start being selective with how "responsible" a government is.

I'm pretty Trump views Milei as responsible because he likes/aligns with him - not because he's actually responsible.

In all likelihood the guy won't be around much longer. But Trump thinks he can influence future elections.

Trump says US will not 'waste our time' helping Argentina if Milei loses

Trump warns if Milei's coalition is defeated in this month elections, "we are not going to be generous".

www.bbc.com

He even said himself he wouldn't bother with Argentina if Milei wasn't kept in power.

That kinda speaks for itself.

It's a boy's club. Only in all likelihood neither Trump or Milei will be in power for too much longer - thank goodness!

 

[Source]

But then why support any of it (Im for aid btw... just asking the question)? Ultimately, inflation is going down from what I read and they are in the midst of a recovery. Lets see if this helps. The currency swap strengthens the peso. That should be a net benefit.

What happened to the pause to spend on our own that you called for?

Wow, that is incredible. I believe in foreign aid but a pause to spend on our own is the way it should be.

 

[Cajun]

I'd give aid to the absolute most in need first.

Above that, you can start being selective with how "responsible" a government is.

I'm pretty Trump views Milei as responsible because he likes/aligns with him - not because he's actually responsible.

In all likelihood the guy won't be around much longer. But Trump thinks he can influence future elections.

Trump says US will not 'waste our time' helping Argentina if Milei loses

Trump warns if Milei's coalition is defeated in this month elections, "we are not going to be generous".

www.bbc.com

He even said himself he wouldn't bother with Argentina if Milei wasn't kept in power.

That kinda speaks for itself.

It's a boy's club. Only in all likelihood neither Trump or Milei will be in power for too much longer - thank goodness!

Helping our friends is a thing though Im not for what Trump said. But if this country is righting itself instead of a black hole then it seems beneficial.

Argentina's inflation has dropped dramatically since 2022, with monthly rates falling from the high single digits to as low as 1.5% by mid-2025, while the annualized rate dropped from over \(200\%\) in 2023 to around \(43.5\%\) by mid-2025. This significant decline is attributed to President Javier Milei's austerity measures, which have focused on drastic cuts to government spending to achieve a fiscal surplus.

 

[Limbo Pete]

Helping our friends is a thing though

Our friends and Trump's friends are two very different things. That's why USAID was instantly demolished.

 

[Cajun]

What happened to the pause to spend on our own that you called for?

Pause doesnt mean stop forever. It was a response to a temp pause to funnel money where needed. Not forever. This was a 90 day pause originally to evaluate and spend where needed in the example I was responding to.