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William Lindsey :toad:
William Lindsey :toad:
@wdlindsy@toad.social  ·  activity timestamp 3 months ago

"Specifically, they are asking 'if Washington would plan to backstop the facility.' In other words, these banks are willing to lend Argentina money as long as they can keep the profits, while losses are shouldered by U.S. taxpayers. The Treasury Department did not dispute the Wall Street Journal’s report, saying only that talks with the banks 'remain ongoing' and details would be announced 'when these talks are complete.'”

#Trump #Argentina #EconomicElites #taxpayers #economy
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