The "America first" president is giving another country twice as much money as previously announced.
Trump doubling the bailout to Argentina to $40 BILLION (while they steal market from our farmers and Americans lose health care)[image or embed]
-- The Tennessee Holler (@thetnholler.bsky.social) Oct 15, 2025 at 2:32 PM
Elizabeth Warren Says Trump Is Giving $20 Billion To Argentina While Americans Can't Afford Groceries: Calls Out Bailout For 'Wall Street Hedge Funds'
finance.yahoo.com
... This Is A Lifeline For Scott Bessent's Hedge Fund Buddies'
Last week, economist Paul Krugman criticized the bailout in his newsletter for the same reason, saying that it was primarily aimed at rescuing Treasury Secretary Scott Bessent's "hedge fund buddies."
He said that the administration wants to protect the interests of hedge fund billionaire Rob Citrone, the co-founder of Discover Capital Management, and a longtime associate of Bessent. According to Krugman, Citrone and his fund are heavily invested in Argentine assets.
"U.S. taxpayer money is propping up the peso, allowing hedge funders to sell their Argentine assets at inflated prices, after which the peso will promptly fall again," he said. ...
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