Newsgroups: alt.fan.rush-limbaugh,can.politics,alt.politics.trump,alt.politics.liberalism,alt.politics.democrats,alt.politics.usa.republican
Subject: Re: Budget Cuts For NASA (But Billions For Argentina)
From: Mitchell Holman <noemail@aol.com>
Organization: ViperNews - www.vipernews.com
Date: Sat, 22 Nov 2025 02:42:57 +0000
Nightshade Vale <bla@bla.bla> wrote in news:10fqhbg$3rnc8$2@dont-
email.me:
> On 11/21/25 2:32 PM, Mitchell Holman wrote:
>> Nightshade Vale <bla@bla.bla> 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?
Ask the IMF, which is already owed
billions and will not give them any more
loans.
Secondly, why? They are not a
strategic ally, they are actually
competing against the US in trade.
Why bail them out and not Haiti or
the Phillipines or Ecuador or South
Africa?
Not to mention American farmers....
Here are just a few that it did re-pay
>
> 1970sâ1980s
> Latin American debt crisis
> ~$5â6 billion (U.S. banks)
> Repaid
>
> 2018â2022
> IMF Stand-By Arrangement
> $57 billion total ($44B disbursed) â ~$7â8B 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 â
>> 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 $10â15 billion."
>>
>> https://www.fairobserver.com/economics/argentinas-endless-cycle-why-
>> sovereign-debt-crises-keep-returning/
>>
>
>