"Argentina Moved BUCKETS!" - Milei SHOCKS Critics With $2.5B Loan Payback (youtube.com)
US banks didn't want to do it, asked for taxpayers to fund a stoploss for them. US government under Trump did it with the IMF. Milei only needed $2.5b of the $20b loan, it seems, and he paid it back already, and the taxpayer got millions back in interest payment from Milei. ‘This is intervention that works. It worked for Argentina, it worked for Milei, and it worked for the American taxpayer.'
Argentina had taken loans for decades and never paid it back. Everyone looked at them as that. Milei is a different politician, it seems.
It's the difference between taking out a loan where you need it to do something productive versus just taking a loan and you don't even know what to use it for, they said.
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