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Trump Has a Good Reason to Bail Out Argentina
"Washington has an interest in seeing Milei succeed not only because it will stabilize Argentina, but also because his success will serve as a “beacon” to other countries on the continent. 'We do not want another failed or China-led state in Latin America,' Bessent said."
That is as good a take on the subject as you'll find.
That is as good a take on the subject as you'll find.
Blockchain
Well-known member
Excellent. Proof positive there are many things the USA will get about for their money. Plus probably some rare earth minerals too.
What I don't get is do Argentines not get that the US support is conditional on Milei's party doing well tomorrow? If they don't vote LLA all of those billions probably goes away and things will get worse for Argentina.
en.mercopress.com
Milei's future hangs in the balance at Sunday's midterms
Sunday's midterm elections in Argentina have been deemed crucial for the future of President Javier Milei's La Libertad Avanza and its drastic chainsaw economic reforms amid mounting recession and a sharp slowdown despite bailouts from Washington.
i really doubt he will pull all the money. maybe the second 20 billion. he has too many reasons to stay involved. first milei has two more years, yes bessit wants to. bailout his buddies with an inflated peso, but don’t forget he thinks by buying arg beef and lowering the price of beef in the US. he wants your rare minerals and try to get china to go home. i think he will stick around for how long i can’t say.
The 2nd billion isn't the US government but Bessent is trying to get private banks to do that but they will want some protection or collateral. We will probably know how things will turn out by Monday.
Betsy Ross
Well-known member
LLA did extremely well today!
I am reading that there was a change in the paper ballot. Could it be that Peronism wasn't really strong and there was fraud in the voting before?
Milei's LLA scores landslide, surprising midterm victory
Argentine President Javier Milei's La Libertad Avanza (LLA) on Sunday recorded a surprise victory in the province of Buenos Aires and secured over 40% of the vote nationwide to become the strongest force in the Lower House after Dec. 10.
Esposas
Active member
Most likely with these elections in Argentina there will always be some level of fraud going on by both all parties. Not sure I would ever say they can get rid of it completely.I am reading that there was a change in the paper ballot. Could it be that Peronism wasn't really strong and there was fraud in the voting before?
Milei's LLA scores landslide, surprising midterm victory
Argentine President Javier Milei's La Libertad Avanza (LLA) on Sunday recorded a surprise victory in the province of Buenos Aires and secured over 40% of the vote nationwide to become the strongest force in the Lower House after Dec. 10.
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