As American farmers struggle under Trump’s tariffs, the Trump Administration is preparing to bail out…Argentinian farmers? Today on the show, a sprawling, international story that you might have missed: how an electoral blow to the market-friendly government in Argentina is causing panic across the financial sector, bringing together forces like The International Monetary Fund, the US Treasury, and hedge funds to save the flailing government of President Javier Milei; an ascendent libertarian icon, now desperate to stabilize his economy.
Matt and David discuss the situation with Matías Vernengo, professor of economics and director of the Bucknell Institute for Public Policy, and Rohit Chopra, former director of the Consumer Financial Protection Bureau. They discuss how we got here, why right-leaning American farmers are furious, and the utter weirdness of the situation, including Milei’s talking dead dog.
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