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2025-11-12 Caribbean-Latin America

Scott Bessent SCHOOLS liberal anchor on simple math: 'Do you know what that is?'

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Posted by Skidmark 2025-11-12 00:00|| E-Mail|| Front Page|| [1774 views ] Top

1 I need to disagree.

It is, of course, a bailout. One that can be profitable, but that's not a given.

At the end of the day, the US could find itself holding a pile of pesos worth much less than they were originally (including interest). Or not.

"In most bailouts, you don't make money". Well the idea is to stabilize the finances of your partner with that bailout, and if this is successful, you make money. If not... not.

Posted by European Conservative 2025-11-12 09:09|| 2025-11-12 09:09|| Front Page Top

2 Fortunately, the 'anchor' is not as smart as you, EC. Personally, I'm glad we took the risks.

Posted by Bobby 2025-11-12 09:33|| 2025-11-12 09:33|| Front Page Top

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