Billionaire Ties and U.S. Support Shape Argentina's Economic Crisis
TL;DR Summary
The US is deploying billions to support Argentina's economy, specifically backing right-wing leader Javier Milei, but the move is criticized as hypocritical and potentially harmful, with historical parallels suggesting it may worsen Argentina's economic crisis and primarily benefit US hedge funds and political allies.
- America First? No, Billionaire Buddies First Paul Krugman | Substack
- Trump Helped Argentina Face an Economic Meltdown. It Came At a Cost. The New York Times
- Bessent Is Reverting to His Hedge Fund Ways With Argentina Bloomberg.com
- America doubles down on Javier Milei The Economist
- What to know about the Trump administration's $20B bailout for Argentina ABC News - Breaking News, Latest News and Videos
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