“Vote Milei or the money walks” — Washington’s conditional love meets Buenos Aires’s fiscal chaos.

Call it aid if you like, but this is something closer to transactional hostage-taking with a Treasury letterhead: a $20 billion U.S. swap line to prop up the peso, plus another $20 billion “private-sector solution” rounded up from sovereign funds and banks—then the kicker from the Oval Office: if President Javier Milei loses the Oct. 26 midterms, “we are not going to be generous with Argentina.”
That’s not macroeconomics; that’s political conditionality with the subtlety of a ransom note.
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