this post was submitted on 17 Oct 2025
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Argentina’s libertarian president, Javier Milei, is the lucky winner of $40 billion that Donald Trump managed to conjure from thin air. Less lucky are the Americans who rely on the government programs Trump has gutted to be able to “save” that sum.

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[–] frustrated_phagocytosis@fedia.io 146 points 1 week ago (4 children)

In other words, our taxes now pay for health care for Argentinians, not Americans. Despite the fact that they are claiming the current shutdown is because they don't want our taxes paying for non-Americans getting health care. Make it make sense.

[–] kinsnik@lemmy.world 52 points 1 week ago* (last edited 1 week ago) (1 children)

oh, this is not to pay for health care. it is to sustain the carry trade scam that both the american and argentinan goverment are involved in.

[–] Rentlar@lemmy.ca 41 points 1 week ago (1 children)

So more like "wealthcare" than healthcare.

[–] mcv@lemmy.zip 23 points 1 week ago (1 children)

I'm appalled I haven't heard the word wealthcare before.

[–] Katrisia@lemmy.today 33 points 1 week ago* (last edited 1 week ago) (1 children)

Healthcare for Argentina? Milei is destroying public welfare. That's for other oligarchs. $40B in exchange of... Well, Milei is acting unhinged and won't explain, but probably lands, water, lithium. Trump bought something, we just don't know what yet.

[–] hitmyspot@aussie.zone 14 points 1 week ago

It could also be partly to help keep him in power, as Argentina collapsing, again, under libertarianism makes their attempts at libertarianism harder to justify. They'd still lie about it, so I agree there is an ulterior motive, that personally benefits Trump or his cronies.

[–] Resonosity@lemmy.dbzer0.com 3 points 1 week ago

Israel gets free health care too!

[–] hansolo@lemmy.today 136 points 1 week ago

Hey. Hey.

Y'all remember when he closed USAID for sending too much taxpayer money overseas?

USAID's budget was fucking $44 billion to work in 130 counties.

Now T is sending that all to one guy. Literally one guy.

[–] ordnance_qf_17_pounder@reddthat.com 43 points 1 week ago (1 children)

America first? More like Argentina and Israel first

[–] Siegfried@lemmy.world 3 points 1 week ago

If it helps, here in Argentina, Mr Milei is all in for Israel first

[–] prole@lemmy.blahaj.zone 38 points 1 week ago (18 children)

Dude is just draining our economy for personal gain.

I bet half of this (probably why he chose to double it) will be waiting for him in his bunker when he finally has to flee.

[–] BarneyPiccolo@lemmy.today 7 points 1 week ago (1 children)

He's doing to America, exactly what he did to his casinos. He didn't run them out of business because he was a terrible businessman (even though he is), it was a deliberate strategy: suck out every penny of profit, declare bankruptcy, and stick all of his creditors with the bills. Rinse, and repeat, over and over.

Now he is doing it with America, allowing all of his Psychopathic Oligarchs to loot America until there is nothing left. We see our beautiful country, but they only see a fat, rich, lazy target to be exploited into bankruptcy.

[–] prole@lemmy.blahaj.zone 4 points 1 week ago (1 children)

Yup, this is what "running America like a business" looks like.

[–] BarneyPiccolo@lemmy.today 3 points 1 week ago (1 children)

That's another thing that Dems should be fighting. The government is NOT a business, and shouldn't be run like one. The government is far larger than ALL businesses combined, and is tasked with regulating those corporations, and the business environment. Running a business, and running America, require two totally separate skill sets, which both require specialized training.

The problem is that businessmen become successful, and when you're a hammer, everything looks like a nail. So they start to think that the answer to America's problems is to apply proven business strategies, and then they get confused when it never works out. Profit should not be a nation's objective.

That's a primary reason that I automatically reject any billionaire, or even multi-millionaire, candidate. Even if their heart is in the right place (which it seldom is with Oligarchs), their policy concepts are flawed by their insistence on their adherence to profit strategies.

The bottom line is that America does not exist to make a profit.

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[–] fittedsyllabi@lemmy.world 26 points 1 week ago (1 children)

Argentina, isn’t that where all the Nazis fled to after the Second World War?

[–] random_character_a@lemmy.world 17 points 1 week ago

Trump needs a plan b

[–] venusaur@lemmy.world 23 points 1 week ago (4 children)

Can somebody please clarify the actual transaction here? We’re not simply giving Argentina this money. It’s a swap or a loan, right? Who know if/when they’ll pay it back, but I think it should be clarified.

[–] Buelldozer@lemmy.today 18 points 1 week ago

Hell we don't even know where the money is coming from (our Government is shut down right now, remember?) let alone what form the transfer will take.

[–] sparky@lemmy.federate.cc 10 points 1 week ago (1 children)

It’s a currency swap. Basically, we give them dollars and they give us pesos. Eventually, they could theoretically be swapped back.

Holding dollars is good for them because it shows foreign investors’ confidence in their economy, and allows them to shore up the peso if necessary by using dollars to prop it up through central bank buybacks.

Holding pesos is a high risk for us because the inflation rate has historically been extremely high. $1 US was like 300 pesos five years ago, and it’s more like 1500 today. So if we swap them back down the road, we will probably lose money, since we swapped dollars at $1 = 1500 pesos, but may swap back later at $1 = 2000+ pesos.

In a way it’s like we gave them an interest free loan. Or actually: more like we gave them a loan with a negative interest rate. Because we likely lose money the longer they hold it.

Why would we do this? Because Milei says lots of nice things about the orange man on TV.

[–] venusaur@lemmy.world 2 points 1 week ago* (last edited 1 week ago)

No interest paid to US when swapping back?

People are saying there’s some billionaire that Trump is bailing out.

[–] klammeraffe@lemmy.cafe 4 points 1 week ago

Since it’s Trump, I’m guessing it’s buying support. Or Argentina got a copy of that Russian video where Trump is urinating on a child in a hotel room and they decided to blackmail him.

[–] reddifuge@lemmy.world 18 points 1 week ago (2 children)

Well they have to flee somewhere when shit hits the fan.

[–] explodicle@sh.itjust.works 8 points 1 week ago

Bush Doctrine says we follow them to finish the job this time.

[–] NauticalNoodle@lemmy.ml 8 points 1 week ago (1 children)

I'm surprised i didn't think of this but that does sound exactly like what they're doing.

[–] IndustryStandard@lemmy.world 5 points 1 week ago

Or slushing money away through corrupt channels and pocketing it themselves.

[–] the_q@lemmy.zip 18 points 1 week ago

Huh. I guess our tax dollars are going to pay for non citizen's healthcare.

[–] melsaskca@lemmy.ca 18 points 1 week ago

That little guy with the hair beside trump was on stage at one of Elon Musk's "rallies" not too long ago. Something smells like rotten fish here.

[–] TheReanuKeeves@lemmy.world 17 points 1 week ago* (last edited 1 week ago)

Buddy really went to his barber and asked for the 1960's psychedelic rock cut

[–] NigelFrobisher@aussie.zone 14 points 1 week ago

Don’t cry for me Argentina, I’m already dead.

[–] blunderworld@lemmy.ca 8 points 1 week ago

It's because Trump and Milei have the same boss.

[–] BarneyPiccolo@lemmy.today 8 points 1 week ago

Dems need to tie the money to Argentina directly to the the loss of the Obamacare subsidies - you are losing your health care so Trump can just give away the money to a foreign country who kisses his ass instead.

All Americans on Obamacare will be getting letters before Nov 1 informing them of the enormous increase in their health care premiums, including a LOT of MAGAs. Dems need to drill it home to those MAGAs that the reason they will be paying many times more for health care, or losing it altogether, is because they're money went to Argentina.

Why Argentina? Maybe because Argentina has a strong history of offering sanctuary to Nazis, and Trump is just buying access for when everything inevitably melts down.

this is what election interference looks like

[–] mrmanager@lemmy.today 6 points 1 week ago* (last edited 1 week ago)

Totally random, nothing going on here..

[–] Formfiller@lemmy.world 6 points 1 week ago* (last edited 1 week ago)

Argentina and Israel have universal healthcare for their citizens….yet we send them billions

[–] borQue@lemmy.zip 5 points 1 week ago (1 children)

America, land of the Capitalism. Endulge your facedown as it was chosen.

[–] reddifuge@lemmy.world 2 points 1 week ago

American motto; "Face down, ass up"

[–] Melusine@tarte.nuage-libre.fr 4 points 1 week ago

Fascists alliance! Time to go anti fa

[–] aggelalex@lemmy.world 3 points 1 week ago

Pretty convinced that, if people in the US paid the money they pay for healthcare to live in Argentina at the current conversion rate, they would live like kings.

[–] CircaV@lemmy.ca 2 points 1 week ago

And yet America does nothing about it.

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