Does this mean we're going to have to bail them out again?

This is a better source than the inaccessible and gratuitously insulting WSJ page linked at https://news.ycombinator.com/item?id=45716359. Those comments should be merged here.

Bolivia also ended their socialist government recently. The mass exodus out of Venezuela has hurt the reputation of the left in South America.

I'm sure this is going to be used by anarcho capitalist types and the media to say Milei's program of cutting public services is noble and great and here's the proof. I feel like I must be taking crazy pills though. If the Argentinian gov needs 40 billion from the US to continue functioning, how does that mean Milei's policies are working? It's like if I decide to use a car to drive 1000 miles, but I only buy enough gas for 500 miles, but a dude at the midpoint in my journey offers to lend me enough money for the next 500 miles of gas if I kick all Chinese people out of my car in return, and then I return and say see due to my amazing thought leadership my car has double the gas mileage now.