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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (1566950)10/21/2025 1:57:10 PM
From: Eric1 Recommendation

Recommended By
Doren

  Respond to of 1570552
 
It's just pouring American tax dollars into a black hole.

Just look at what IMF has poured in so far!

Where is Juan?



To: Wharf Rat who wrote (1566950)10/21/2025 2:27:54 PM
From: Tenchusatsu1 Recommendation

Recommended By
Wharf Rat

  Read Replies (2) | Respond to of 1570552
 
Wharfie,
A group of banks including JPMorgan Chase, Bank of America and Goldman Sachs is struggling to put together a $20 billion loan to Argentina
They just want to make sure that, if Argentina defaults on the loan, Trump will bail them out.

From the WSJ:
The group of banks, which also includes Citigroup, is seeking some type of guarantee or pledge to ensure they will get their money back, the people said. Bankers are waiting on guidance from the Treasury Department on what collateral Argentina would be able to provide for them or if Washington would plan to backstop the facility on its own, the people said.
Gotta love it. Milei talks a very good libertarian game, but he's discovering that weaning people off of socialism is harder than it seems.

Meanwhile Trump is discovering that getting his MAGA cultists hooked on socialism is easier than it seems.

We're all socialists now. Even self-proclaimed "free market capitalists."

Tenchusatsu



To: Wharf Rat who wrote (1566950)10/21/2025 2:33:52 PM
From: i-node1 Recommendation

Recommended By
longz

  Read Replies (1) | Respond to of 1570552
 
LOL. Maybe they should ask Musk and Ellison for a couple $10B loans