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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe IMF affair is turning into a scandal...
https://www.reddit.com/r/InBitcoinWeTrust/comments/1ow08k9/the_imf_affair_is_turning_into_a_scandal_trump/The IMF affair is turning into a scandal...
Trump withdrew $870 million from the US account at the IMF, which then miraculously appeared in Argentina's account.
This is convenient because Argentina owed $840 million to the IMF.
Why is this a problem?
If the US wants to give this sum to Argentina, it must go through a mandatory vote in Congress!
spanone
(141,602 posts)PatSeg
(53,214 posts)Last edited Mon Nov 17, 2025, 11:30 PM - Edit history (1)
He thinks he is above all that like some American royalty. Of course, he believes in enforcing the law when it is against his enemies.
rubbersole
(11,222 posts)You're so right about him thinking he's royalty. The crowned fighter jet pilot dumping shit on protesters is impeachable by itself. I've got this feeling king donnie is going to have a load of shit dumped on his Burger King crown 👑 pretty soon.
PatSeg
(53,214 posts)I agree, I think we are finally seeing the end of his lawless rampage as the Madness of King Donnie is becoming apparent to everyone.
Paper Roses
(7,632 posts)sop
(18,611 posts)"US Treasury Secretary Scott Bessent comes to the rescue of hedge funds including BlackRock, Fidelity, Pimco and Discovery Capital Management, all of which bought Argentine bonds. Several fund managers share a professional past with the US official."
"US Treasury Secretary Scott Bessents intervention in Argentina seems aimed more at saving his friends than at helping the nation, at least one leading economist has alleged."
"Several hedge funds with past professional ties to the Treasury Secretary hold major positions in Argentine bonds. Washingtons US$20-billion swap package seeks to shield their returns."
"According to The New York Times, the financial assistance will benefit 'investment firms such as BlackRock, Fidelity and Pimco, which are heavily invested in Argentina, as well as investors like Stanley Druckenmiller and Robert Citrone, who worked with Bessent when he was investing for George Soros.' "
"Specifically, Argentina faces debt payments in January and July next year amounting to roughly US$8.5 billion in bonares and globales bonds, with 85 percent believed to be in private hands."
"Nobel Prize-winning economist Paul Krugman has written two articles about Bessents proposed rescue plan. In a recent blog post, he noted that 'some US hedge-fund billionaires, personally close to Bessent, bet big on Milei and bought Argentine bonds.' "
'The bailout package almost surely wont succeed in turning Argentinas economy around and probably wont rescue Milei politically. But it may buy enough time for Bessents buddies to get much of their money out before the bottom falls out of the Argentine economy,' Krugman adds."
https://www.batimes.com.ar/news/economy/bessent-steps-in-to-protect-profits-of-friendly-investors-in-argentina.phtml
erronis
(23,870 posts)There's something about Milton Friedman and his rapist economics as detailed by Naomi Klein in Shock Doctrine.
summer_in_TX
(4,168 posts)Wow. Unforgettable.
malaise
(296,085 posts)Rec
BattleRow
(2,449 posts)progressoid
(53,179 posts)erronis
(23,870 posts)progressoid
(53,179 posts)bronxiteforever
(11,212 posts)Trump tried to starve Americans.
Buddyzbuddy
(2,617 posts)JI7
(93,615 posts)Justice matters.
(9,786 posts)$870,000,000.00
- 840,000,000.00
DFW
(60,182 posts)Why should he tax his own tips if he isnt going to rax anyont elses tips?
peppertree
(23,336 posts)That might account for the $30 million.
Justice matters.
(9,786 posts)Never enough corruption for him and his henchmen.
peppertree
(23,336 posts)"Whut? $30 million!? Screw your sister, Javier! ... I mean: not literally, 'cause she's one scary-looking hag ... I wouldn't look at her even if she was 13, just so you know."

Hotler
(13,747 posts)Cha
(319,067 posts)Americans to Give to Fucking Argentina
Orrex
(67,111 posts)Moostache
(11,171 posts)He is making the list of places to go to extradite his worthless ass for the human rights abuse trials easy for us.
ashredux
(2,928 posts)Bread and Circuses
(2,045 posts)Six117
(339 posts)To no one's surprise.
flashman13
(2,397 posts)he could do anything he wanted to do as long as it was official. Seems we are now a nation of rule by an orange criminal.
Congress has essentially neutered itself. It does look like pedophilia could be a bridge too far.
Aussie105
(7,920 posts)Is Trump being nice to Argentina so one day he can go live there?
Lots of elderly WW2 German ex-pats living there, so I'm told.
Response to BlueWaveNeverEnd (Original post)
Name removed Message auto-removed
Fullduplexxx
(8,626 posts)Probably
LymphocyteLover
(9,844 posts)LymphocyteLover
(9,844 posts)Martin Eden
(15,624 posts)He has so many of those, no need to bother with misdemeanors.
ChicagoTeamster
(950 posts)Was this done during the shutdown? If so, MAGA should be complaining like crazy about US funds allocated against them.