President Trump Thread (Part 2)

Irving Cowboy

DCC 4Life
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Feb 7, 2014
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Welp, that didn't take long.

Looks like the wheels are coming off this peace deal already, with Hamas holding summary executions for Palestinians accused of collaborating with the Israelis, not turning over all the hostage bodies, even turning over bodies of people who are not hostages, and Israel now cutting off aid through Rafah.

Did Trump jump the gun?
 

Cujo

I choose to stroll amongst the waste…
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Genghis Khan

The worst version of myself
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Calling it a bailout gives it a much different connotation from what's actually happening (we should always expect disingenuous reporting at this point).

It's a currency swap but calling it a bailout makes it sound like we're just giving them money, which is false (it's also been falsely reported that this is a residual of Milei's failed policies but in reality their economic struggles pre-date him and their economy has recovered a bunch since he's been in office). Additionally, my understanding is the money is coming from private sector loans, not US taxpayers.

Per Grok:


In the Argentina case you’re interested in (from the X post), the $20 billion currency swap likely means the U.S. provides dollars to Argentina’s central bank, which Argentina uses to support its peso. In return, Argentina might pay interest in pesos or dollars and agree to return the $20 billion later. The U.S. expects to profit from interest and the swap’s structure.
 

Chocolate Lab

Kuato Lives
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Yep, deceptive as always.

But even if we were bailing out one of the few free non-Marxist governments in Latin America, good.
 
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