As Argentina’s libertarian president Javier Milei battles inflation, a collapsing peso, and plunging political support, the Trump-aligned US Treasury has quietly stepped in with a controversial bailout. This Unhedged deep dive, hosted by the FT’s Katie Martin with Rob Armstrong and Latin America expert Michael Stott, unpacks the bizarre but strategic alliance between Milei and Washington - including secretive currency interventions, hedge fund entanglements, and the looming return of Argentina’s populist Peronists. With Milei’s grip on power weakening ahead of key midterm elections, and the US risking hundreds of millions to keep him afloat, this is a high-stakes economic and political gamble where Trump’s MAGA playbook meets Latin America’s most volatile democracy..Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.Support South Africa’s bastion of independent journalism, offering balanced insights on investments, business, and the political economy, by joining BizNews Premium. Register here.If you prefer WhatsApp for updates, sign up to the BizNews channel here..Watch here