Skip to main content

A perfect timing for Argentina to resist against the money market tyranny

Latin America to open the road for other countries to escape from debt slavery

by system failure

Probably the most significant reason for which the Western sanctions against Russia will eventually turn against the West itself, or more accurately, against the Western economic elites, is that they forced Russia and China to accelerate their plans to build their own geopolitical and economic frame.

Just when Argentina was in the corner and the ravens were ready to devour the country*, BRICS's movements to establish their own economic system, offered to Argentina an alternative to escape from the Western money market monopoly. This was probably a key factor that permitted Argentina to resist:

A US court has backed the vulture funds; but last week, Argentina sidestepped its jurisdiction by transferring the trustee for payment from Bank of New York Mellon to its own central bank. That play, if approved by the Argentine Congress, will allow the country to continue making payments under its 2005 settlement, avoiding default on the majority of its bonds.”

Argentina is already foreclosed from international capital markets, so it doesn’t have much to lose by thwarting the US court system. Similar bold moves by Ecuador and Iceland have left those countries in substantially better shape than Greece, which went along with the agendas of the international financiers.”

Countries do need to be able to buy foreign products that they cannot acquire or produce domestically, and for that they need a form of currency or an international credit line that other nations will accept. But countries are increasingly breaking away from the oil- and weapons-backed US dollar as global reserve currency.”


Unlike Greece and its puppet government which are fully surrendered to the Western capital** which systematically destroys the country to benefit from this destruction, Argentina and Latin America approach the resistance side:

Latin American countries, however, condemned the West’s attempts to isolate Russia and said they would not take any measure against their longtime ally, Russia.”

'The region is one of the biggest food producers of the world and…US and EU protectionism hinders its international trade. That is why I don’t think this EU countries diplomatic pressure will have any effect. How can they ask us not to trade with Russia while they block our products into their markets,' Jorge Castro, an international analyst, told Press TV.”

Brazil and Uruguay have already confirmed an increase of exports of meat and dairy products. Argentine government has also sent a senior official to the Russian capital to sign cooperation agreements.”

'We are going to expand our agricultural production and finance new companies in this sector. We are the fifth food exporter in the world and this administration’s intention is to increase even more our trade capabilities,' Argentina’s Chief of the Cabinet of Ministers Jorge Capitanich said.”


Western block's actions not only failed to isolate Russia, but seems that managed to expand Russia's and China's geopolitical influence. (http://valdaiclub.com/russia_in_foreign_media/70082.html), (http://www.world-nuclear-news.org/NP-Russia-and-Argentina-sign-nuclear-power-agreement-14071401.html) It's not the first time that the "brilliant minds" of various think tanks miss the target so profoundly. Their "brilliant idea" to support the neo-nazis in Ukraine to put Russia in the corner, is turning now against them.

The desperate neocon hawks have now only one alternative, which is to drag Russia into a warm conflict, but the growing chaos in the Middle East (which is largely their fault) and the ISIS threat, forced them to drop the Russian front and hypocritically seek alliance even with Bashar al-Assad and Iran to deal with the problem of the so-called Islamic State. (http://failedevolution.blogspot.gr/2014/08/temporary-turn-of-180-degrees-by-neocon.html)

This is a unique opportunity for Argentina and Latin America to show to other debt-enslaved countries that there is an alternative against the money market tyranny.

* “Where territories were once captured by military might, he maintains that today they are being annexed by debt. The still-evolving plan is to drive destitute nations into an international bankruptcy court whose decisions would have the force of law throughout the world. The court could then do with whole countries what US bankruptcy courts do with businesses: sell off their assets, including their real estate. Sovereign territories could be acquired as the spoils of bankruptcy without a shot being fired.”

Global financiers and interlocking megacorporations are increasingly supplanting governments on the international stage. An international bankruptcy court would be one more institution making that takeover legally binding and enforceable. Governments can say no to the strong-arm tactics of the global bankers’ collection agency, the IMF. An international bankruptcy court would allow creditors to force a nation into bankruptcy, where territories could be involuntarily sold off in the same way that assets of bankrupt corporations are.”

For Argentina, says Salbuchi, the likely prize is its very rich Patagonia region, long a favorite settlement target for ex-pats. When Argentina suffered a massive default in 2001, the global press, including Time and The New York Times, went so far as to propose that Patagonia be ceded from the country as a defaulted debt payment mechanism.”

Many countries have been subjected to similar treatment, as John Perkins documents in his blockbuster exposé Confessions of an Economic Hit Man. When the country cannot pay, the IMF sweeps in with refinancing agreements with strings attached, including selling off public assets and slashing public services in order to divert government revenues into foreign debt service.”






Comments

Popular posts from this blog

WikiLeaks paper reveals US empire was becoming anxious about Venezuela adopting euro and directing exports to China

The WIKILEAKS Public Library of US Diplomacy (PlusD)holds the world's largest searchable collection of United States confidential, or formerly confidential, diplomatic communications. As of April 8, 2013 it holds 2 million records comprising approximately 1 billion words. The collection covers US involvements in, and diplomatic or intelligence reporting on, every country on earth. It is the single most significant body of geopolitical material ever published. The PlusD collection, built and curated by WikiLeaks, is updated from a variety of sources, including leaks, documents released under the Freedom of Information Act (FOIA) and documents released by the US State Department systematic declassification review.
globinfo freexchange
A cable from March, 2008 was highlighting US concerns about the fact that the Venezuelan state oil company, PDVSA, was about to adopt euro currency for some, or even all of its oil sales.
It appears that the cable source was the US embassy in Caracas and…

Russiagate collapse shows CIA black propaganda loops are obsolete and ineffective

globinfo freexchange
In his documentary The Power Of Nightmares, Adam Curtis presents the case of William Casey, head of the CIA under Reagan administration.
As has been described previously, to persuade the President, the neoconservatives set out to prove that the Soviet threat was far greater than anyone. They would demonstrate that the majority of terrorism and revolutionary movements around the world, were actually part of a secret network, coordinated by Moscow to take over the world.
The main proponent of this theory was a leading neoconservative who was the special adviser to the Secretary of State. His name was Michael Ledeen and he had been influenced by a best-selling book called "The Terror Network". It alleged that terrorism was not the fragmented phenomenon that it appeared to be. In reality, all terrorist groups, from the PLO to the Baader-Meinhof Group in Germany and the provisional IRA, all of them, were a part of coordinated strategy of terror run by the Soviet…

Arrest of Julian Assange: the last remaining leaf of the fascist neoliberal regime drops - we are now at war

globinfo freexchange
What other proof would you need to convince yourself that we already live under a global-scale fascist regime whose headquarters are located in the US evil empire?
This is a war against real journalism. It is a direct threat against all the independent media with real journalists who expose the war crimes of the empire and its allies. After this, expect an ongoing, brutal hunt against every real journalist who will attempt to report the truth, contrary the corporate PR parrots of the mainstream media - the golden operatives of the establishment, who faithfully stick to the script.
The utter joke of 'anti-establishment' Donald Trump collapsed from his first day in the US presidency, but now, its repulsive ugliness has been revealed gloriously. While Donnie was actually praising WikiLeaks before his election, he now said that "I know nothing about Wikileaks. It's not my thing".

"I know nothing about Wikileaks. It's not my thing" says …

A message for the worst liberal establishment ever: don't you dare harm Julian Assange

by system failure
The neoliberal clowns of the Western mainstream media increasingly shed crocodile tears about what they consider 'fake news' and the rise of the far right.
The hypocrisy and absurdity of the whole thing will make you laugh loud. Because these are the PR agents of the corporations behind the mainstream media who brought us Trump and the far right.
These are the cheerleaders of endless wars, and in fact, the only time they supported Trump was when he bombed Syria.
This is the ugly face of the establishment that pretends to be the gatekeeper of 'real news', while everyone else is 'fake news'. It doesn't matter if they work 24 hours a day to brainwash you with BS neoliberal and pro-war propaganda. You know, just to maintain this awful status in favor of their super-wealthy bosses.
It's not new. They did it for decades and it worked. People back then were like blind rats whose sole information was coming from the mainstream media. There were n…

The ruthless neo-colonialists of 21st century

by system failure
The start of current decade revealed the most ruthless face of a global neo-colonialism. From Syria and Libya to Europe and Latin America, the old colonial powers of the West tried to rebound against an oncoming rival bloc led by Russia and China, which starts to threaten their global domination.
Inside a multi-polar, complex terrain of geopolitical games, the big players start to abandon the old-fashioned, inefficient direct wars. They use today other, various methods like brutal proxy wars, economic wars, financial and constitutional coups, provocative operations, 'color revolutions', etc. In this highly complex and unstable situation, when even traditional allies turn against each other as the global balances change rapidly, the forces unleashed are absolutely destructive. Inevitably, the results are more than evident.
Proxy Wars - Syria/Libya
After the US invasion in Iraq, the gates of hell had opened in the Middle East. Obama continued the Bush legacy of US …

Tulsi Gabbard bravely defends Julian Assange on a US deep state platform

Here is another proof that she, or Jill Stein, should be the next US president if we want to escape from the fascist neocon/neoliberal regime - sorry Bernie, but your silence is very disturbing
globinfo freexchange
Many progressives feel extremely disappointed for the fact that the only 2020 Democrat progressive candidate who clearly defended one of the few remaining real journalists against the neocon/neoliberal fascist regime, is Tulsi Gabbard.
We still hope that Bernie Sanders will eventually take a clear position in favor of Julian Assange.
Nevertheless, in dark times like the one we are experiencing, things become more clear. We can see who is the one that will defend bravely the interests of the people against the totalitarian complex of Wall Street, corporate cabal and US deep state.
Tulsi Gabbard, and of course Jill Stein, are the best options right now for the 2020 US presidency, if we really want to see a radical change for the benefit of the American people and the world.

Arres…

Bernie Sanders has just put the Wall Street/corporate lobbyists and their DNC proxies into panic mode - expect an all-out war

globinfo freexchange
Bernie Sanders campaign announced something extraordinary for the US political standards. It has raised $18.2 million from just under 900,000 individual donations since launching 41 days ago!
As commondreamsreported:
Bernie Sanders' presidential campaign announced Tuesday that it raised $18.2 million from just under 900,000 individual donations since launching 41 days ago.
Sanders' first quarter haul tops all other 2020 Democratic candidates who have reported their fundraising totals. Sen. Kamala Harris (D-Calif.) raised $12 million in the first quarter, and South Bend, Indiana, Mayor Pete Buttigieg raised $7 million.
Faiz Shakir, Sanders' campaign manager, said during a press call that 88 percent of the donations were $200 or less, and the average donation was $20.
The profession with the most donors to Sanders' campaign was teachers, according to Shakir.
In total, 525,000 individuals donated to Sanders' campaig…

Assange’s arrest will massively backfire – further expose ‘Democratic West’ as harbingers of global police-state

by Don DeBar
The arrest of Wikileak’s Julian Assange will, in the long term, do more to expose the real nature of the so-called democratic West than 100 document dumps could ever do.
It has exposed the following:
Freedom of the press is non-existent in the US and EU. Should one publish materials exposing criminal activity by the powerful, that publisher – not the powerful criminal who has been exposed – will be criminally prosecuted.
The idea of an independent judiciary is farcical – the on-again/off-again nature of the charges in the Swedish courts, as well as the Torqmada-esque secret proceedings in the US which are certainly driving them, show that prosecutions can target and be controlled across borders to exact political vengeance.
Elections in the west are a farce, and the US meddles in these in the same way Kasparov ‘meddles’ with a chess board.
Lenin Moreno was elected to continue the program of his predecessor – and primary supporter before the election – former president of Ecuad…

US military attack on Venezuela mulled by top Trump advisors and Latin American officials at private DC meeting

Away from the public eye, the Center for Strategic and International Studies (CSIS) think tank hosted a top-level, off-the-record meeting to explore US military options against Venezuela.
by Max Blumenthal
Part 1
The Washington, DC-based think tank the Center for Strategic and International Studies (CSIS) hosted a private roundtable on April 10 called “Assessing the Use of Military Force in Venezuela.” A list of attendees was provided to The Grayzone and two participants confirmed the meeting took place. They refused to offer any further detail, however.
Among the roughly 40 figures invited to the off-the-record event to discuss potential US military action against Caracas were some of the most influential advisors on President Donald Trump’s Venezuela policy. They included current and former State Department, National Intelligence Council, and National Security Council officials, along with Admiral Kurt Tidd, who was until recently the commander of US SOUTHCOM.
Senior officials from the C…

Juan Guaido confesses being behind the sabotage of Venezuela’s electric system

Translated from the Spanish by Global Research
A confession from [America’s] puppet pointing to evidence,” said journalist Gustavo Villapol Wednesday, noting that the deputy of the National Assembly in contempt Juan Guaidó confessed to be behind the attacks perpetrated against the National Electric Service (SEN) that have affected the Venezuelan people since last March 7.
The gentleman, Deputy Guaidó, has told the world that they are behind this devious and terrorist attack against the Electric System,” he said during an interview on the Punto de Encuentro program broadcast by Venezolana de Televisión.
[These are the quotations from Guaido’s statements at the National Assembly, video below 13′ 11″ – 14′ 09″, GR editor]
And I repeat, the cessation of darkness will definitely come with the cessation of usurpation,” culminates the self-proclaimed Juan Guaidó (VTV Fotogram)
There will be no solution to the electrical problem, there will be no water to the houses much less domestic gas”…