• falseWhite@lemmy.world
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      11 days ago

      They’re not lending to Trump though. They’re lending to Argentina, and they would get their money back from Argentina.

      But banks know they won’t get their money back, since Argentina had to be bailed out 20 times in the past 70 years. That’s on average, every 3.5 years.

      What are the chances they won’t need another bailout in the next 5 years? And what are the chances of banks getting their money back from a country that goes bankrupt every 3.5 years?

      That’s the main reason.

  • Donkter@lemmy.world
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    11 days ago

    If Trump starts insulting the banks and trying to impose control on them that would be a sight to see.

    • RoidingOldMan@lemmy.world
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      11 days ago

      If you can bully banks into giving Argentina $40 billion for nothing, then the whole world’s financial system seems to come into question.

      • ctrl_alt_esc@lemmy.ml
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        11 days ago

        Lol ehat? Banks have been giving loans to Trump although he was deadass broke. If you still believe into any kind of integrity or logic in the world’s financial system, you’re in for a rough awakening.

    • minnow@lemmy.world
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      11 days ago

      SCOTUS said POTUS is immune for official acts.

      I’m sure there’s no conflict of interest involved with that or anything, though. And besides, what could go wrong?

      • NotMyOldRedditName@lemmy.world
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        11 days ago

        Well, you see the first step is you just refuse to seat an appointment by the president so you can place the choice of your president after the fact, and claim, we should wait until the election is over.

        Then, when your president is in power and the exact same fucking situation happens again with an appointment during an election, you do your best Nelson hahah, and appoint her anyway.