No. of Recommendations: 14
Trump didn’t just take $40 billion of taxpayer money and give it to Argentina with no legal process.
He gave away $40 billion of Americans’ money and it didn’t even work...
Classic Trump!
"The American intervention to prop up the Argentinian peso has failed.
Despite the United States intervening the Argentine peso lost 10% of its value in the first two weeks of October, pushing the overnight interest rate to 157%."
"Global and domestic Argentinian investors are expecting another devaluation, which would only add to threat of inflation that had reached 285% in March 2024 and has declined to 32% in September."
Crazy idea, Instead of Argentina, how about we bail out America first?
realeconomy.rsmus.com - Market minute in argentina bailout conditionality and collateral are absent 