[continued from previous message]   
      
   results proved the President correct. Instead of distributing $9.9   
   billion in CHIPS Act subsidies with no strings attached, the   
   administration converted that money into an equity stake, buying roughly   
   10 percent of Intel at $20.47 per share.   
      
   As AMAC Newsline reported, within weeks, Intel’s stock rose more than 50   
   percent, turning what would be a routine subsidy into a profit-sharing   
   arrangement for the public while bolstering domestic chipmaking. The   
   peso swap reflects that same style of decision-making.   
      
   Even outlets rarely sympathetic to Trump have noted that the bet could   
   pay off big time. Before the Argentine election, The Economist reported   
   that the swap line and the Treasury’s peso purchases were already   
   helping to steady Argentina’s bonds and currency, and that Washington   
   was signaling a broader $40 billion support framework combining public   
   and private funds. The magazine acknowledged that if Milei’s reforms   
   continued to gain traction, as they have, “Mr. Trump could still win his   
   bet.”   
      
   The Times likewise noted that Milei’s midterm victory gives him enough   
   seats in Congress to keep advancing his fiscal reforms. The peso even   
   strengthened in crypto markets on election night as investors digested   
   the results, a sign that Argentine assets, including those now held by   
   the United States, may be appreciating rather than deteriorating.   
      
   Upon closer look, the swap bears little resemblance to the bailout   
   critics describe. It limits America’s commitments, creates genuine   
   upside, and supports a government pursuing reforms that align with U.S.   
   interests.   
      
   The political noise around the deal obscures a simpler point: Trump has   
   long operated as a highly skilled broker of calculated risk. Seen   
   through that lens, the Argentina arrangement is less a rescue than an   
   intelligent wager — one that is already paying off.   
      
   https://amac.us/newsline/economy/trump-wins-big-again-with-argentina-peso   
   -swap/   
      
   --- SoupGate-Win32 v1.05   
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