The U.S. Just Made a $40 Billion Bet Against China

"So, the US just bailed out Argentina with $40 billion. And this is while the US government is still in shutdown... And now again, this time to prop up another country's currency and by extension their economy."

"So, the goal is to defend the dollar's global role by helping allies stabilize their economies before China does it with the yuan, which we know will be backed by gold. So, that's the idea. If the US doesn't help struggling countries, it's not going to be able to exert its influence on the world, and China will instead, which of course it doesn't want."

"So, if it works, if Argentina can stabilize, which seems to be totally conditional on Javier Malay's re-election, because President Trump said if he does not get reelected, the US won't support him. ... if he does win, and if it works, I think we're going to see this strategy play out again and again, but with other countries, there's already rumors that other currency stabilization partnerships could be next for countries like Brazil, very important, Colombia, Egypt, Kenya."

"So, the US is like, "Whoa, hold on a minute. You guys are becoming too close of friends." We're like, "We'll lend you $40 billion if you need." And that's to block China's influence and its play to keep Latin America in the dollar system."

"His argument is that by stabilizing the peso and bringing Argentina back into the global financial system, the US can do both help an ally and protect the dollar's influence across Latin America, which also happens to be a region that China's been trying to do that with for years."

"So, if it works, if Argentina can stabilize, which seems to be totally conditional on Javier Malay's re-election, because President Trump said if he does not get reelected, the US won't support him."