US Launches Financial Rescue of Argentina

Monday, October 13, 2025

The U.S. Treasury finalized a $20 billion currency swap framework with Argentina and bought pesos in the open market on Thursday, making good on President Donald Trump's pledge to prop up the wobbling country and sending the peso and Argentine dollar bonds sharply higher.

Posted by reinheitsgebot at 10:30 AM | 18 COMMENTS | permalink | Comment on This Entry |

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What he not saying is that his friends and cronies invested a fortune in Argentina since their guy Milei won, they stand to lose a big chunk of those fortunes the way things are going, and Argentina's elections are in two weeks and we are tampering in them to bail Milei out.

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-- Ron Filipkowski (@ronfilipkowski.bsky.social) Oct 10, 2025 at 7:58 PM

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The------------- to American farmers : Drop dead.
The------------- to Javier Milei : Here's $20 billion.

#1 | Posted by reinheitsgebot at 2025-10-10 01:06 PM | Reply | Newsworthy 1

youtu.be

#2 | Posted by C0RI0LANUS at 2025-10-10 03:45 PM | Reply

I can remember a time, say about nine months ago, when such a bailout would enrage MAGA to the point of pissing their own pants.

Now the only thing you've got is the Epstein Files, and half of you no longer give a damn about that.

#3 | Posted by Zed at 2025-10-10 03:53 PM | Reply | Newsworthy 1

"Dollars to donuts" Trump family members/insiders bought Argentine currency before the US propped it up and sold after the US purchase and it hit its highs.

#4 | Posted by FedUpWithPols at 2025-10-11 05:45 AM | Reply | Newsworthy 1

The GOP....

Fk the farmers.

Fk the middle class.

Fk the soldiers.

#5 | Posted by Nixon at 2025-10-13 11:02 AM | Reply

#4 You mean like when Barron made $80 million last week shorting the market right before Cankles announced the 100% tariffs?

#6 | Posted by Nixon at 2025-10-13 11:03 AM | Reply | Newsworthy 1

'Merika first, ---- yeah!

#7 | Posted by horstngraben at 2025-10-13 11:20 AM | Reply | Funny: 1

"We took yer jerbs!!"
~Argentina to American soybean farmers

#8 | Posted by horstngraben at 2025-10-13 11:24 AM | Reply | Funny: 1 | Newsworthy 1

Trading American farms for Argentinian farms.

Trading a $400,000,000 golden bribe for an Idaho AF base.

America first!

#9 | Posted by Nixon at 2025-10-13 11:30 AM | Reply

This is 20 billion dollars that the US can kiss goodby. If Argentina's president Milei is so righteous in his actions as a right wing neoliberal ---- why does he need the U$A to bail him out? Just think of what the U$A will look like in about six months with that orange traitor running the country into a ditch. People are down to eating one meal a day in Argentina and you right wingers are ok with the US becoming the same basket case as Milei's government which is exactly the same type of government the nazis under TRumpanzee wish to inflict upon the U$A.

#10 | Posted by Wildman62 at 2025-10-13 12:18 PM | Reply

September soybean imports (in china) reached the second-highest level on record, keeping domestic supply ample.
China's soybean supply outlook has become increasingly secure, supported by strong imports from January to September, a surge in purchases from Argentina
www.reuters.com

Meanwhile China, which normally accounts for over half of US soybean exports, has not placed a single order for U.S. soybeans in the new crop year.

#11 | Posted by johnny_hotsauce at 2025-10-13 12:26 PM | Reply

F.A. & F.O., eh? Should we all be laughing or sobbing?

#12 | Posted by john47 at 2025-10-13 01:29 PM | Reply

Trump shut down the government over $800k to provide Americans with healthcare.

But $20 Billion for Argentina's corrupt government?

No problem!

Don't expect the see a single deplorable Trumping MAGAt to comment on this thread.

They support cutting healthcare for Americans and don't question trump's motives behind giving $20 billion to Argentina to supply up their failed government.

#13 | Posted by ClownShack at 2025-10-13 01:39 PM | Reply

It's about God-damn time the right-wing did something for our back yard other than just subsidizing it's porn industry with shoots like "Debbie does Paraguay". I for one am all for it.

This should make a positive difference in Argentine lives.

#14 | Posted by HeliumRat at 2025-10-14 02:49 AM | Reply

(you have to admit, it is a completely different tactic)

#15 | Posted by HeliumRat at 2025-10-14 02:51 AM | Reply

The righties sure are quiet on this one...

#16 | Posted by Sycophant at 2025-10-14 10:53 PM | Reply

It may be because we don't want waste our time trying to explain how currency swaps work.

#17 | Posted by visitor_ at 2025-10-15 09:37 AM | Reply

It may be because we don't want waste our time trying to explain how currency swaps work.

#17 | POSTED BY VISITOR

Or it may be that you're a MAGA who isn't a farmer and enjoys seeing MAGA who are farmers effed.

After all, these people have more than you. They have land. You were left out. They deserve to suffer.

It's taken me a long time to figure out what MAGA is.

But I'm there now.

#18 | Posted by Zed at 2025-10-15 09:55 AM | Reply