Economic Policy

Argentina’s Milei Victory: A Risky Gamble That Exposes Washington’s Global Overreach

By Economics Desk | October 27, 2025

Argentina’s surprising midterm election outcome under libertarian Javier Milei briefly revived markets and the peso, validating Trump’s costly $40 billion bailout plan—but raises urgent questions about Washington’s reckless foreign interventions and their impact on American taxpayers and sovereignty.

Argentina’s recent midterm elections delivered a shockwave not only in Buenos Aires but all the way to Washington, where President Trump celebrated his ideological ally Javier Milei’s triumph as a win for free-market reform. Yet behind the jubilant market rallies and soaring peso lies an unsettling reality: the U.S. government has once again plunged billions of taxpayer dollars into a foreign crisis, gambling on political outcomes far beyond our borders. Is Washington Betting Our Future on Foreign Political Fights? The $40 billion pledged by the Trump administration to shore up Argentina’s fragile economy was no small gesture—it was a strategic...

This is Exclusive Content for Subscribers

Join our community of patriots to read the full story and get access to all our exclusive analysis.

View Subscription Plans