Anyone who doubts Trump's long-standing connections w sketchy Russia\FSU types should read this: http://www.the-american-intere...

This hysterical proposal is ludicrous, completely out of touch with Argentina's economic realities. First, for all her faults, and not withstanding the debt vultures' incredible legal chicanery, the fact is that Kirchner's gov has achieved a remarkable reduction in the country's net foreign public debt since 2004, to the point where its market value, net of reserves, is well under 50% of GDP -- the lowest level since the military junta seized power in 1976. Second, the fact is Argentina's own elite not only owns most of the remaining "foreign" debt itself, but also owns more than $400 billion of offshore flight wealth. None of this wealth is accounted for in Argentina's national economic statistics, and very little of it pays any taxes -- despite the fact that Argentina has a world wide income tax, like the U.S. So Argentina's economic problem is not now one of an unstable currency, but of its inability to tax its wealthy elites on all this offshore loot -- or to provide incentives for it to come home. Third, Argentina happens to be sitting on shale oil reserves that may well be larger than those of the U.S. All things considered, relative to its current population, it is one of the richest, most NEGATIVELY indebted countries in the world. Its currency is if anything undervalued, as are its gov bonds -- and as soon as the silly debt vulture problem is solved, and a new government is elected, the conditions may well exist for a sharp rise in inward investment. That, in turn, may require Argentina's central bank to move deftly to sterilize the inflows so that the peso doesn't appreciate too quickly. But overall, there's no reason for Argentina to repeat any of the weird experiments with monetary policy that the disastrous military gov of the 1976-83 and the mad cavallo gov of 1992-2001 ran -- policies that left the country heavily indebted, and hostage to NY judges.