Trump was a big reason that the Argentinian currency crashed

[Mblaze]

He said, regarding Milei and a $20 billion gift to Argentina, "We think he's going to win. He should win, and if he does win, we're going to be very helpful. If he doesn't win, we're not going to waste our time." The Argentine market and currency fell at that my-way-or-the-highway message. That's why they added the $20 billion currency swap.

Bessent's old investment group, Blackrock, and a couple other American investment groups invested heavily in Milei and Argentina. Milei failed miserably so this bailout also lets Blackrock et al off the hook.