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.”
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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.”
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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.”
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