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Argentina elects libertarian president Javier Milei - Update: Netherlands

Discussion in 'BBS Hangout: Debate & Discussion' started by AroundTheWorld, Nov 19, 2023.

  1. Agent94

    Agent94 Member

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    The billionaire "libertarian" tech nerds get a 20 billion to bail out for Argentina because they don't want their libertarian experiment to fail, but spending millions to save dying Africans is socialism.

    Somehow the dumbest people on earth are accumulating wealth and power. I hate this timeline.
    [​IMG]
     
    #521 Agent94, Sep 25, 2025
    Last edited: Sep 25, 2025
  2. Rocket River

    Rocket River Member

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    Should we expect the same results . . .with American Donald Trump?

    Rocket River
     
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  3. Ubiquitin

    Ubiquitin Member
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    Oh, I wouldn’t be surprised if he made an appearance.
     
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  4. Jugdish

    Jugdish Member

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    [​IMG]
     
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  5. SamFisher

    SamFisher Member

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    It is actually way worse than that, here is what is happening

    Mileism, surprise, is failing in Argentina as it's just corruption and cronyism but with a libertarian bent more so than the Peronist version of it. (Ironically, Trump is more of a Peronist dictator but that's too much of a rabbit hole)

    Trumpism is failing in the US because it's just corruption and cronyism copuled with ruinous self-immolation via unwinnable trade wars and utter destruction of US capacity at home

    *US Farmers* are screwed becasue of the trade wars & can't export soybeans to China

    But, since Milei is Trump's buddy, Trump is giving him $20 billion OF OUR MONEY - to subsidize Argentinian Farmers - so that they can export the soybeans to China that American farmers no longer can.

    He is stealing your money, and illegally paying Milei off TO HELP SCREW THE US because of the dumb trade war THAT TRUMP CREATED

    Just triple down cascading clown ****.
     
    #525 SamFisher, Sep 25, 2025
    Last edited: Sep 25, 2025
    Agent94 and krnxsnoopy like this.
  6. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    Your post is 100% inaccurate and dishonest
    . The $20 billion is in the form of a swap line of credit... and being used to purchase US bonds. We are not giving them money -- we are buying bonds and making a line of credit available to them if needed. I highly doubt you understand how either of these two things work. And as a reminder, $20 billion is about one-tenth of what we gave Ukraine to wage war... and again, we are not giving $20 billion to Argentina. Argentina has a decades-long history of currency valuation problems and the US is getting ahead of it before it creates a global economic crisis (which I suspect you are rooting for, which is shameful). Your Trump rage is really impacting your ability to think clearly!

    https://www.reuters.com/world/americas/us-ready-support-argentina-needed-bessent-says-2025-09-24/

    US ready to support Argentina with $20 billion swap line, Bessent says

    WASHINGTON, Sept 24 (Reuters) - The U.S. is currently in negotiations for a $20 billion swap line with Argentina's central bank and stands ready to do what is needed to support the South American country, U.S. Treasury Secretary Scott Bessent said on Wednesday in a post on X.

    Bessent said the U.S. is prepared to purchase Argentina’s U.S. dollar-denominated bonds and will do so as conditions warrant. The U.S. is also set to deliver significant standby credit via the Exchange Stabilization Fund, he said.

    "Argentina has the tools to defeat speculators, including those who seek to destabilize Argentina's markets for political objectives," he said. "I will be watching developments closely and the Treasury remains fully prepared to do what is necessary."
    Bessent, a former hedge fund executive, also said the U.S. is ready to purchase secondary or primary government debt and is working with the Argentine government to end the tax holiday for commodity producers converting foreign exchange.
    He said numerous U.S. companies had told him they intended to "make substantial foreign direct investments" in multiple Argentine sectors "in the event of a positive election outcome," but gave no details.
     
  7. krnxsnoopy

    krnxsnoopy Member

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    Hilarious Milei's approval/disapproval ratings are mirroring the same trend as Trump :rolleyes:

    "A poll by the Argentine consulting firm Tres Punto Zero, published this week, showed a sharp drop in the president's approval rating after the scandals. In July, 48% of Argentines viewed his administration positively.

    However, three weeks later, that number fell to 39.8%, while 57% said they disapprove of his presidency."

     
  8. Kemahkeith

    Kemahkeith Member
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    Maybe Argentina will let us nationalize about 20 young men with the ability to improve our horrible men's national soccer team
     
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  9. Buck Turgidson

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    You forgot the Kirchners in between
     
    #529 Buck Turgidson, Sep 25, 2025
    Last edited: Sep 25, 2025
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  10. adoo

    adoo Member

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    for the benefits of ill-informed Traitor George, this is Treasury Secretay, at the UN meeting, reading a text message from
    [​IMG]
    one of his underlings, alerting him that


    Effectively, the US is bailing Argentina with $ 20 billion, enabling it to screw the US soy farmers
    [/INDENT][/INDENT][/INDENT][/INDENT]
     
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  11. tallanvor

    tallanvor Member

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    Trump should do this

     
  12. astros123

    astros123 Member
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    Except Trump is obese and cant jump up and down. Its funny how delusional you are to even post this thinking Trump could even jump up.

    Delusional group of people
     
  13. Buck Turgidson

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    I only watched 10 seconds and it totally reminded me of 1984, the movie not the year
     
  14. Buck Turgidson

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  15. Amiga

    Amiga Member

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    Trump’s Argentina bailout enriches one well-connected billionaire

    A $20 billion taxpayer-funded rescue package for Argentina is a gift for a hedge fund manager with personal and professional ties to the Treasury Secretary

    https://popular.info/p/trumps-argentina-bailout-enriches

    Last week, Treasury Secretary Scott Bessent announced a $20 billion package to rescue the Argentinian economy. The risky taxpayer-financed deal, which involves trading U.S. dollars for Argentine pesos, has little upside for ordinary Americans. Argentina is not a significant U.S. trading partner, and its economy, long in turmoil, has little impact on the United States.

    However, Bessent’s announcement had massive economic benefits for one American: billionaire hedge fund manager Rob Citrone, who has placed large bets on the future of the Argentine economy. Citrone, the co-founder of Discovery Capital Management, is also a friend and former colleague of Bessent—a fact that has not been previously reported in American media outlets. Citrone, by his own account, helped make Bessent very wealthy.

    ...
     
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