Jim Rickards (@JamesGRickards) 5/18/18, 1:34 PM IMF's preparing to bail-out Argentina. Guess what? They won't use dollars; the loan will be in SDRs. Argentina will swap the SDRs for dollars. Swap counterparty will be China. It's a backdoor way for China to lighten up on dollars. Yeah, it's complicated. imf.org/en/News/Articl… pic.twitter.com/2Pl5VI5ZRE
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