> [Treasury Secretary Scott Bessent] said the Trump administration hoped to solidify what it sees as a rightward shift in Latin American countries, including potentially Colombia.

This is the part where the US officially turns itself into a third-world banana republic, by actually aligning their currency to those failed states.

The US dollar has already dropped by 10% since this new administration took power, so why not completely tank it?

It shouldn’t just happen when nations align with our president’s philosophy, but we should do more of this. I suppose the difficulty is in doing this in a sustainable way. I don’t want Argentina to collapse if we pull back our support. I imagine failed states around the world might have turned out much better with a little support from the US, even the socialist ones.