In defense of USA sending our money to Argentina (liberals have no empathy)

Are you just another Trump fluffer? Charlie Kirk said empathy is fer suckers.
He is a dishonest leftist, he just uses a dishonest handle, it’s like most of his post, dishonest.
 
Prove it.
Seriously? Argentina tried to be neutral in the war and then when it became obvious the Germans were going to lose, they joined the US forces, only to have a seat after the war. Then dictator Perón welcomed in Nazi’s because he thought his military could learn from them and also, Argentinians were very favorable to Nazis.

 
You are just making up a new meaning for the term "bailout" you disgusting lying TDS afflicted moron. Historically a bailout means direct funding.

Whatever agitprop word you disingenuously want to use, this deal costs the US taxpayer nothing.

If it costs the USA nothing and promotes US interests, why are you bitching about it?

If a Democrat did this you would be singing their praises.
Save me your melodramatic bullshit, you triggered MAGA moron.

Here is what AI has to say:

It is uncertain if the US-Argentina credit swap will cost taxpayers anything, but there is potential for it to do so
. While US Treasury Secretary Scott Bessent has stated no direct money is being put into Argentina, the deal involves risks for the US Treasury's Exchange Stabilization Fund (ESF), which is funded by operations rather than congressional appropriations. Critics, including some US lawmakers and experts, have raised concerns that the deal could backfire and expose taxpayers to losses.

Potential risks for US taxpayers

  • Use of the Exchange Stabilization Fund (ESF): The proposed $20 billion swap line would be managed through the ESF. While this fund is meant for market stabilization and does not rely on congressional funding, the ultimate risk of a loss rests with the US government. The ESF's resources come from past earnings from currency exchanges and other market operations, but it could require taxpayer support if those reserves were exhausted by a major loss.
  • Argentina's credit history: Argentina has a long history of financial turmoil and sovereign debt defaults. Critics like Brad Setser, a former Treasury official, have noted that "it's a lot easier to lend [money] to Argentina than to get it back". If Argentina were to default on the swap arrangement, the US government would be left with devalued Argentine assets, potentially leading to a loss for the ESF and a cost to the US public.
  • Market volatility: The financial package is designed to help Argentina stabilize its economy, but market reactions have been volatile. If the market's confidence is not restored and the peso continues to decline, the US Treasury would be holding assets with a diminishing value. [QUOTE/]
The taxpayer is on the hook if this deal goes south and given Argentina's financial stability and past record, that is a high probability, all you bullshit notwithstanding.

This is a bailout. Suck on it, you babbling Bozo.
 
What do you do when one of your friends is financial trouble and you have more money than him? That’s right. Can you give him a few bucks?

It’s called compassion.

One of my great grandparents was Argentinian, and I know from personal experience. They are among the finest people you can find.

Them there is Messi, who has given the world superb talent and entertainment.

Argentina was our ally in world war 2.

It’s time to help a friend in need. Liberals talking about waste leal empathy towards others.

More likely we were just pre-paying for Zelenskyy's eventual exile but not going to get worked up about it one way or the other.
 
What do you do when one of your friends is financial trouble and you have more money than him? That’s right. Can you give him a few bucks?

It’s called compassion.

Big Investors Await Windfall From Trump’s Argentina Bailout​

The Treasury secretary added that American business leaders have told him that they want to deepen ties with Argentina and that the Trump administration will stand behind its Latin American ally.

But the administration’s decision to rescue Argentina’s economy is raising concerns about whether the real aim is to help rich investors whose bets on Argentina could falter if its economy sinks.

Those efforts have been complicated by the fact that major hedge funds, including those led by friends of Mr. Bessent, stand to benefit financially from an Argentina economic lifeline. Funds at investment firms including BlackRock, Fidelity and Pimco are heavily invested in Argentina, as are investors such as Stanley Druckenmiller and Robert Citrone, both of whom worked with Mr. Bessent when he was an investor for George Soros.

The Treasury’s intervention on Thursday offered a lifeline to Argentina’s financial markets, which have floundered as the country has faced a severe cash crunch. Dollar-denominated bonds set to expire in 2035 rebounded to levels last seen when Mr. Bessent first announced the United States would be stepping in. The peso also rebounded, although currency experts worry that it will soon come under pressure again without a longer-term fix for the country’s financial woes.


Compassion for whom?
 
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