The Trump Administration just invested $20 Billion in the Argentina Peso.
On October 9, 2025, U.S. Treasury Secretary Scott Bessent announced the finalization of a $20 billion currency swap agreement with Argentina’s central bank. This was described as a rare financial lifeline aimed at stabilizing Argentina’s financial markets, which have been suffering from acute il-liquidity.
If Argentina defaults on this swap (it more than likely will), it would be woefully catastrophic for them but, an opportunity for the US to possibly purchase an agriculture resource, without any war, acquiring the country from attention starved caricature, Javier Milei, the would be the only end result.
This tactic has been used to invest in countries leaning on insolvent, and then a surprise loan, saves the day, only to learn the country collapse either by a surprise war, or and interest rate nudge, changes the scope of the economy of the country. Suddenly the countries uses its assets to pay off collateral. And most usually can’t pay. And the debt holder, become main holder and buys the debt which the $20 Billion could potentially be a trigger sale.