@arthur-dent you're clueless if you think they did it to help out a fellow bro. Whatever that means.
Who is the leader of Argentina? Does he have a close relationship with Trump? There are people in the world in far worse shape, they just don't have someone so willing to be Trump's mini-me. Note the deal is contingent on Milei winning reelection soon. That is helping out a bro, not the people.
And screwing over not just US Soy farmers but US ranchers. He is promising to bring in more Argentine beef. Ranchers are very unhappy. Doesn't this go against your economics, bringing in cheap foreign goods?
https://www.google.com/amp/s/www.cnbc.com/amp/2025/10/22/trump-ranchers-beef-tariffs-argentina.html
Why do you think Argentina's central bank wants a swap line? What happens if they don't get one from the U.S. or China? The answer is their currency would collapse even more if it didn't get one. How would that be better for Argentinians?
As for soybeans, how does China having influence over Argentina benefit them more than the U.S. having influence?
U.S. cattle herds are at the lowest levels in 70 years. It's one of the reasons why beef prices have outpaced CPI inflation. Bringing in more supply would be a great thing for U.S. consumers.
U.S. cattle herds are at the lowest levels in 70 years. It’s one of the reasons why beef prices have outpaced CPI inflation. Bringing in more supply would be a great thing for U.S. consumers
Cheap cars and shirts are good for consumers too, but you oppose those. You don't think people buying Argentine beef will reduce American beef sales? What happens to ranchers? They have costs, if they have fewer cattle to sell, don't they have to make more per cow? Selling fewer cattle for less per cow isn't going to help ranchers stay solvent.
As to Argentina, if the goal was to help the citizens why include the proviso the valid is only good if you keep my buddy in power. America after WW2 wasted a lot of money propping up terrible leaders we liked all over the world. We never considered what was good for the other nation. The result was, when those bad leaders finally fell, in almost every case the US was blamed and hated. South Korea was the one exception, which didn't become Democratic until the late 90s.
We backed really pathetic leaders in Iraq, Iran, Nicaragua, Zaire, and Philippines that caused us to lose ground. Milei isn't necessarily that bad, but if he can only stay in power with the US propping him up, one wonders how popular he is. Let me ask you, suppose China had said in 24, "we will sell you rare earths, but this deal is only valid if Biden wins." It is is putting our thumb on the scale, and even if he narrowly wins this time, his opponents will remember that we did it. Even some of the people that may hold their nose and vote for him will not like the US for being so heavy handed.
Dems do nothing but destroy working class people.
https://twitter.com/WallStreetApes/status/1981395189517193438?t=AamgB2PGXsm3TUQAs-Wf8A&s=19
Dems do nothing but destroy working class people.
https://twitter.com/WallStreetApes/status/1981395189517193438?t=AamgB2PGXsm3TUQAs-Wf8A&s=19
Lets say Republicans finally repeal Obamacare.
What's the plan to help people then? I still haven't heard one, and based on Trumps first term, it's highly unlikely he has one.
Why aren't pubs releasing a plan?
“So has Obamacare saved us money? No, unfortunately not. What it has done is made the system very, very complex. You've had the growth of very small to moderate insurance companies to huge insurance companies. There's now 7 insurance companies that are in the Fortune 500 right now.”
This is a shocker. Nobody saw this coming.
We are too far downstream now for sensible changes. All we can do is throw tons of money at Obamacare. This is what the shutdown is all about. Both parties lie about it. The democrats say there is a health care crisis and the GOP says no health care for illegals. The problem is only about increasing Obamacare subsidies so that wealthy people who took early outs don’t have to spend their money on health insurance . The Demos want to spend your money on it.
@boogie the swap line to Argentina isn't adding to our debt.
How is giving Argentina helping Americans, when they aren't buying from us, buying from China instead, who also isn't buying from us, to the point we have to bail out farmers again.
That money comes from us to bail out farmers, correct? Definitely helping the debt out.
Boogie, nobody hates Central Banks on here more than myself. I send @jdb a Christmas card every year of me taking a shit on the FED. With that said swab lines are done through Central Banks and don't add to the deficit. It's for liquidity issues, stabilizing currencies, and etc.
where are you getting this? Swap lines with poor nations are inherently risky and absolutely increase debt in the case of default. We typically only do it with other developed nations to avoid that risk. China takes that risk to gain geopolitical leverage.
https://twitter.com/zerohedge/status/1982800129129091270?s=46
How much are they going to lose again, Maple?
Brilliant. Absolutely brilliant.
https://twitter.com/SenRickScott/status/1987165587890717168?t=dv73MG7RUEaBIpaHMiIvQQ&s=19
https://twitter.com/LindseyGrahamSC/status/1987170030786609164?t=e-HY8i5bbPiiEqOJh6QnSw&s=19
https://twitter.com/EricLDaugh/status/1987168003868533050?t=U9gUpRPJGkdBnjygXgFzFw&s=19
Brilliant. Absolutely brilliant.
https://twitter.com/SenRickScott/status/1987165587890717168?t=dv73MG7RUEaBIpaHMiIvQQ&s=19
https://twitter.com/LindseyGrahamSC/status/1987170030786609164?t=e-HY8i5bbPiiEqOJh6QnSw&s=19
https://twitter.com/EricLDaugh/status/1987168003868533050?t=U9gUpRPJGkdBnjygXgFzFw&s=19
Monopolies don't exist in free markets. They're created by governments. The more regulations --> less competition --> the more centralization. It's incredible how much money Obama has made insurance companies. Hopefully, they gave him kickback, he deserves it.
We never considered what was good for the other nation.
Never?
Snarl thinks Milei is a great leader. He thinks Milei is the equivalent of a Mandela who is going to end something as bad as Aparteid in his mind so your foreign policy leanings actually support him.
@snarlcakes enough with all of htese insurance pricks getting rich. benefits managers on and on
I posted in the shutdown thread a study, in 2024 ACA members paid less in premiums than the total (employee and employer) paid. That doesn't seem like the failure many portray.
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