Comment on US ready to support Argentina's currency with 'large and forceful' actionparentComments−JumpCrisscross11moby actually aligning their currency to those failed statesArgentina’s economy is the size of Michigan’s [1][2]. (14th.) Its entire dollar reserves are less than half of the budget of New York City [3][4].The impact of many single tariffs vastly outstrips the maximum effects of a swap line with Argentina on the U.S. dollar.[1] https://en.m.wikipedia.org/wiki/Economy_of_Argentina[2] https://en.m.wikipedia.org/wiki/List_of_U.S._states_and_terr...[3] https://www.reuters.com/world/americas/argentinas-central-ba...[4] https://council.nyc.gov/budget/wp-content/uploads/sites/54/2...
Comments
Argentina’s economy is the size of Michigan’s [1][2]. (14th.) Its entire dollar reserves are less than half of the budget of New York City [3][4].
The impact of many single tariffs vastly outstrips the maximum effects of a swap line with Argentina on the U.S. dollar.
[1] https://en.m.wikipedia.org/wiki/Economy_of_Argentina
[2] https://en.m.wikipedia.org/wiki/List_of_U.S._states_and_terr...
[3] https://www.reuters.com/world/americas/argentinas-central-ba...
[4] https://council.nyc.gov/budget/wp-content/uploads/sites/54/2...