No. of Recommendations: 2
US is working on doubling aid to Argentina to $40 billion by tapping private funding sources
And who benefits? US money interests that have exposure to Argentina. US business interests that want favorable "deals" with Argentina.
That is why I am confident Trump will never default on US Treasuries, because the US money interests are first in line to be taken care of. It was the same thing with Fannie and Freddie, nearly 20 years ago. The Bush junta made their paper good, even though the prospectus clearly said it was not backed by the government, to take care of the money interests.
Everything else, held by Proles, will be expendable, to make Treasuries good. Trump would cancel SS and Medicare payments, seize Prole bank accounts and 401ks. Anything belonging to the Proles, would be fair game, for the care and feeding of the money interests.
Steve
