The U.S. is providing a $20 billion currency swap line with Argentina’s central bank — essentially exchanging stable U.S. dollars with volatile pesos.
While Argentina poses little systemic risk, it can still matter in terms of flight risk for capital along with volatility in debt and commodity markets.
In addition to economic and market matters, the U.S. has a significant political stake in what’s happening in Argentina
Dnt forget the billions also being spent on the fascist paramilitary that is disappearing anyone that’s not white.
What do you think they meant by “untold amounts of money spent tackling and disappearing landscapers”?