Bessent is lying of course. Peso keeps falling and there's no way that the currency swap doesn't take a massive loss at this rate, all paid for by taxpayers.

https://www.axios.com/2025/10/26/us-argentina-bessent

by spikey_wombat

37 comments
  1. His promises are written in the morning dew in the early morning sun.

  2. The east wing will not be touched, Trump promises

  3. No, the everyday hard working American tax payer will lose out on the $40B Argentina bail out.

  4. IMF bailed them out ($20 billion) before we did. Unless something changes, they’ll be back, seeking more bailouts.

  5. if his mouth was open when he said that he was lying. facts

  6. Sounds like code for he and other rich investors will not lose.

  7. Argentina’s peso being at a record low isn’t a surprise.

    They print money to pay bills. The value of their currency is a constant slope down. The trajectory slowed when Milei took office, but anticipation of Argentina going “back to normal” isn’t helping the jitters that started in April.

  8. Poop in one hand, and have the other open to this administration’s promises, and see which fills faster.

  9. These capitalist fucks are enemies to the working class.

  10. Oh please. Greedy tool. what he means to say is that he’s not going to lose money.

  11. China just had to extend their almost $20B swap with Argentina earlier this year because it obviously wasn’t working out too well.

  12. I feel so much better since he promised.

    ![gif](giphy|h8HmN0UcEKR0xWnv3R)

  13. The party is dead. All of the promises were empty. There is no one left to believe him except empty flowers who believe nothing.

  14. Cheeto’s playbook: Promise everything, deliver nothing, blame someone else.

  15. As every investor has said for the last 100 years.

  16. Go back to whatever you did before you stuck your dick up Trump’s ass…

  17. He promises because he knows he won’t be held accountable.

  18. Hah… More black magic money machine logic. It’s like watching in slow motion, these idiots learn lessons of humility, at everyone’s expense.

  19. lol! US debt will not rise promises republican who wants to cut taxes more

  20. Hey, Argentine here! Milei just won an election by a landslide. Argentine black and crypto markets are showing the value of the peso increased by 10%. So in a few days he won 10%. Not bad at all.

  21. This guy…
    This fucking guy….

    I didn’t know it was possible to max stats in Arrogance, Condescension, Smugness, and Sleaziness. But lo-and-behold, there exists Bessent.

  22. Pinky promise??

    ![gif](giphy|BSBNfDRn0YuRAkDYXr|downsized)

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