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this post was submitted on 23 Sep 2025
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This article is from 2024. It's even more hilarious now. The peso has dived downwards despite the past few days of dumping $1B US dollars to save the peso.
The economics YouTubers are having a field day over it at the moment. E.g. Sean Foo https://youtu.be/QJ7sVr1XP7I
(The bad analysis from certain other YouTubers is looking pretty embarrassing right now. E.g. https://youtu.be/5V2nOOd36Cs)
Bailout, here we come. The US will pay for it ๐.
Will the US even pay for it? Is it really in their interests to bail out the Argentine government? Aren't puppets supposed to destroy the economy of their vessel state so its easier to subjugate to Washington's ends?
I'd just assume it's business as usual for the empire.
Bessent said US is looking at all options apparently.
https://www.bloomberg.com/news/articles/2025-09-22/bessent-says-all-options-on-table-to-steady-milei-s-argentina
Milei will run to any country for help at the moment. It's all short term fixes, jerking the finance wheel side to side when the car is already rolling over. As others have said here, it's a structural problem and austerity will never fix it.
No, they won't. They said they would hoping for that to be enough to conjure the crisis, but Trump wouldn't give a dime for Argentina, unless they give something back.
I found YouTube links in your comment. Here are links to the same videos on alternative frontends that protect your privacy:
Link 1:
Link 2: