XPost: alt.fan.rush-limbaugh, alt.politics.trump, alt.politics.liberalism   
   XPost: alt.politics.democrats, alt.politics.usa.republican   
   From: bla@bla.bla   
      
   On 11/21/25 2:32 PM, Mitchell Holman wrote:   
   > Nightshade Vale  wrote in   
   > news:10fqan1$3rnc8$1@dont-email.me:   
   >   
   >> On 11/21/25 1:02 PM, AlleyCat wrote:   
   >>>   
   >>> On Fri, 21 Nov 2025 12:31:24 -0500,  Nightshade Vale says...   
   >>>   
   >>>> What money for Argentina?   
   >>>   
   >>> The same money most, if not all, Presidents have given to them over   
   >>> the past few decades.   
   >>   
   >> Trump gave them a loan in the form of a currency swap. No money was   
   >> given to them.   
   >   
   >   
   >     Nobody expects Argentina - already   
   > over $400 billion in debt and a history   
   > of defaulting - to actually repay that   
   > "loan".   
      
   Why not? Here are just a few that it did re-pay   
      
   1970s–1980s   
   Latin American debt crisis   
   ~$5–6 billion (U.S. banks)   
   Repaid   
      
   2018–2022   
   IMF Stand-By Arrangement   
   $57 billion total ($44B disbursed) → ~$7–8B U.S. share   
   Repaid   
      
   1995   
   U.S. Treasury (ESF)   
   $500 million bridge loan   
   Repaid   
      
   1980s   
   USAID / Ex-Im Bank   
   $1.2 billion in food & export credits   
   Repaid   
      
   2006   
   U.S. Paris Club slice   
   $390 million (U.S. 6.28 % of total)   
   Repaid   
      
      
   >   
   >   
   > "In December 2001, Argentina defaulted   
   > on $95 billion in sovereign debt; this   
   > was the then-largest default in history."   
   >   
   > "By 2018, sudden capital outflows forced   
   > Argentina to seek another IMF rescue —   
   > this time a record $57 billion program."   
   >   
   > "By mid-2025, Argentina once again stood   
   > on the brink of financial collapse.   
   > Simultaneously, the IMF Executive Board   
   > approved a 48-month EFF valued at $20   
   > billion (479% of quota). It came with an   
   > immediate $12 billion disbursement and a   
   > first review scheduled for June 2025,   
   > tied to an additional $2 billion tranche."   
   >   
   > "Total external debt, estimated at around   
   > $400 billion, imposes an annual interest   
   > burden exceeding $10–15 billion."   
   >   
   > https://www.fairobserver.com/economics/argentinas-endless-cycle-why-   
   > sovereign-debt-crises-keep-returning/   
   >   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)