Get the app
Jeffrey Schaefer
Former Assistant Secretary of the Treasury for International Affairs who helped design and implement the 1995 Mexico bailout and provides first-hand recollections of that episode.
Best podcasts with Jeffrey Schaefer
Ranked by the Snipd community
156 snips
Nov 15, 2025
• 29min
The obscure pool of money the US used to bail out Argentina
chevron_right
Brad Setzer, a senior fellow at the Council on Foreign Relations, and Jeffrey Schaefer, former Assistant Secretary of the Treasury, dive into the U.S. Treasury's remarkable $20 billion loan to Argentina. They explore the mysterious Exchange Stabilization Fund, its historical context, and its unique authority that bypasses Congressional approval. With insights from the 1995 Mexico bailout, they predict how Argentina's troubled economic landscape might mirror past crises. The conversation raises questions about the effectiveness of such financial interventions.
The AI-powered Podcast Player
Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
Get the app