Patrick Gillespie

Bloomberg's Buenos Aires bureau chief and reporter providing on-the-ground analysis of Argentina's economy, policy developments, and political dynamics.

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Sep 25, 2025 • 18min

Argentina’s Economy Is Struggling. Why Is the White House Stepping In?

In this engaging discussion, Patrick Gillespie, Bloomberg's Buenos Aires bureau chief, dives into the complexities of Argentina's economic crisis. He unpacks the surprising US support for President Milei, including a potential $20 billion swap line aimed at stabilizing the peso. Gillespie highlights the political turmoil behind Argentina's financial struggles and examines the geopolitical motivations for US involvement. He also critiques whether this support will be a temporary fix or lead to lasting change amid upcoming midterm elections.

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