Argentina bond market plunder explained
4) Globalist puppet Milei slashes government spending and privatizes a whole lot of sectors. This is the neoliberal “shock therapy.”
…
Meanwhile, 54% of Argentinians are in poverty, consumer prices have tripled over the last year, the economy is in recession, and industrial production has been dwindling consistently.
Exactly as I predicted back in October 2023:
The vultures are ready to “make the economy scream” if Javier Milei wins!*
Vente Venezuela, the party of María Corina Machado, is connected to the National Democratic Institute and the Atlas Network via the Liberal Network for Latin America (RELIAL) and Liberal International. Edmundo González is just a stand-in for her.
Vente Venezuela (work in progress)
Previously:
BUENOS AIRES, Argentina — It wasn’t the most uplifting of inaugural addresses. Rather, Argentina’s newly empowered President Javier Milei presented figures to lay bare the scope of the nation’s economic “emergency,” and sought to prepare the public for a shock adjustment with drastic public spending cuts.
In first speech, Argentina’s Javier Milei warns nation of painful economic shock
Related:
With soy and lithium trade in the balance, Argentina’s Milei has a China conundrum
The vultures are ready to “make the economy scream” if Javier Milei wins!*
Argentina election 2023: what you need to know
Far-right libertarian Javier Milei is leading the polls ahead of Argentina’s Oct. 22 presidential vote, but it remains a tight race between the top three candidates, three surveys showed.
Related:
Argentina election: from peso to dollar?
But dollarisation would also mean immediate recession and slump. It would have to start with a massive devaluation of the domestic peso monetary base. In a very optimistic scenario, if Argentina received a loan of say $12 billion from the IMF and used $5 billion as a reserve for the banking system and $7 billion to dollarise the monetary base, the domestic peso monetary base would still have to be reduced by nearly 400%. Argentine salaries (then in US dollars) would become among the lowest globally and poverty would rise to unprecedented levels. And Argentina is already in a recession with real GDP expected to drop by around 2% this year. So either way: peso or dollar, Argentine households would pay the price in living standards.
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Desperation has driven many Argentines to consider a ‘libertarian, anarcho-capitalist’ as president. If this were to happen, it will be going down another blind alley. Argentina’s capitalist economy will continue to fail.
Just scratching the surface:
Read More »“All will be forgiven,” said a U.S. diplomat, if the no-confidence vote against Pakistan Prime Minister Imran Khan succeeds.
SECRET PAKISTAN CABLE DOCUMENTS U.S. PRESSURE TO REMOVE IMRAN KHAN
From the time that Russian forces invaded Ukraine in February 2022, Western media coverage of the war has been dominated by the perspectives of Ukrainians who support Zelensky’s government and who oppose Russia. While it is vitally important that we be informed of their perspective, we cannot truly understand the Ukraine war without hearing from Ukrainians who reject Zelensky’s rule. In the Western mainstream discourse, those Ukrainians are virtually invisible.
Invisible Ukrainians: A conversation with a professor from the Donbas
When Emmanuel Macron complained to Biden that the Inflation Reduction Act will hurt European businesses I made fun of him. I made fun of all the European politicians who complained about the IRA because, really, it has always been pathetic to assume someone other than yourself should take care of you and your strategic interests because you’re friends.
This is not a race (original)
Miguel speaks about Mexico’s growing role as a filter of South American immigration for the United States, and how unfair it is for Mexico’s limited resources to be pressured into that role, especially since they also suffer from the neoliberal policies that cause immigration in the first place.
“Mexico has been told to use its military against the Latin American siblings that have also endured the imperialist and neoliberal impositions which have produced the economic and political crisis that most of the South is currently suffering- undoubtedly the primary reason that these waves of migrants are traveling north.” – Miguel Robles-Durán
This is a clip from S03 E02 of Cities After… Neo-Imperialism & Neo-Fascism at the Border via Democracy At Work
Mexico Pressured to Filter Immigrants to US: The Situation South of the Border
Related:
Dispelling the Myth of Tax-Induced Capital Flight
A study by the American Sociological Association in 2016 found that while massive top rate tax hikes might cause some millionaires to move from their high-tax state to a low-tax state, the amount of them doing so for this reason was negligible. Millionaires moved for tax purposes around 2.2% of the time. Indeed, in any event the rate of inter-state migration generally was lower for millionaires, at 2.4%, than it was for the general population, at 2.9%.
Ms. Cat’s Chronicles 
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