Argentina’s Crisis and the US-Backed Rescue Package

by Nato Balavadze

In this paper, we discuss:

• What happened to Argentina’s economy and its Peso;
• The cracks beneath Argentina’s fiscal facade;
• The US Treasury’s $20 billion bet on Argentina;
• The strategic rationale of this move; and 
• Why US banks are struggling to finalize $40 billion rescue for Argentina.

Download PDF: Argentina Crisis October 2025