“The Trump administration really hates giving foreign aid that serves any kind of humanitarian purpose,” said in his newsletter. But giving aid to MAGA’s foreign friends is a different matter entirely. The White House last week signed off on a $20 billion lifeline for Argentina , claiming the deal—in which stable U.S. dollars will be exchanged for volatile pesos—was needed to shore up a cash-strapped U.S. ally. A “more cynical” read is that this is about ideology, with Trump wanting to bail out Argentina’s like-minded president, Javier Milei, whose failing “libertarian econo-derp policies” could doom his party in this month’s mid-term elections. President Trump explicitly tied the deal to his pal’s electoral fortunes in a White House meeting with Milei, saying, “If he doesn’t win, we’re
Bailouts: Why Trump is rescuing Argentina

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