BACK TO THE DARK AGES
Adapted from the original
Article published in the Buenos Aires Herald
The IMF in its latest
report on ARGENTINA had the guts to once again claim that ARGENTINA should
devaluate the peso and apply austerity measures in order to stimulate growth.
It seems the IMF keeps on preaching its same formula that has put ARGENTINA
into default in 2001 in the first place, not to mention all the other counties
that faced similar scenarios once they followed IMF doctrines. ARGENTINA, under
MENEM’S era was the “SUNNY BOY” of the IMF, doing everything the IMF asked for,
which lead to the biggest single countries default in history (with the
exception of the LEHMAN BROTHERS)
IMF and ARGENTINA
Background
Information:
COUP – MONGERING CLARIN MEDIA GROUP – COLLABORATOR OF THE FASCIST 1976 -83 MILITARY JUNTA
COUP – MONGERING CLARIN MEDIA GROUP – COLLABORATOR OF THE FASCIST 1976 -83 MILITARY JUNTA
http://geopoliticsrst.blogspot.com.ar/2015/02/argentina-behind-nisman-scandal.html
ARGENTINE’S "INVISIBLE OPPOSITION", THE CORPORATE MEDIA
http://geopoliticsrst.blogspot.com.ar/2012/04/argentina-country-without-visible.html
INTERNATIONAL FINANCIAL INSTITUTIONS
ARGENTINE’S "INVISIBLE OPPOSITION", THE CORPORATE MEDIA
http://geopoliticsrst.blogspot.com.ar/2012/04/argentina-country-without-visible.html
INTERNATIONAL FINANCIAL INSTITUTIONS
LATAM NOT ADHERING TO
VULTURE FINANCE SYSTEM DICTATED BY IMF, WORLD BANK AND CORPORATIONS
The current administration has de facto ignored the IMF, paid back outstanding debts with the organization and thus was not succumb to IMF doctrines, which naturally infuriated the IMF since it had no influence upon ARGENTINA. On top of that, ARGENTINA has defied all “monetary attacks” and avoided stepping into the debt trap, instigated by the International Financial Institutions by simply refusing to adhere to IMF recommendations.
THE
QUESTION IS IF MACRI IS ELECTED PRESIDENT, WILL HE SAY ‘NO’ TO THE IMF?
The International
Monetary Fund (IMF) returns with its formulas to request a profound adjustment
of the economy and to devaluate, which the current government, for good reasons
will not adhered too. The current administration questions the IMF report which
stipulates the need to devalue its currency
and pursue austerity measures if it hopes to return to growth.
“I don’t know what calls
the attention of the IMF. The (International) Monetary Fund has behaved as it
has behaved all its life, with policies linked to the WASHINGTON Consensus and
to responses that care little about the situation in which the populations of
countries where they refer to are,” Cabinet Chief ANÍBAL FERNÁNDEZ told
reporters.
IMF
- LACK OF REALITY
FERNÁNDEZ pointed out the
FORBES magazine in fact had said the problems the IMF found in countries had to
be resolved by sending the organization’s analysts “to live, have a salary and pay taxes” in the
nations they were analyzing. Instead, the head of minister added, IMF analysts
conduct their research "from desks, as if they had a capacity of wisdom
and knowledge about the on goings in the world where they make decisions of
such characteristics.”
“As our country does not
think like them, or at least till the country is presided over by CRISTINA
FERNÁNDEZ DE KIRCHNER, it is for sure that there will be no situations of those
characteristics with the IMF.”
Background
Information:
WHEN ARGENTINA WAS
THE “SUNNY BOY” OF THE IMF
http://geopoliticsrst.blogspot.com/2012/04/argentina-and-repsol.html
http://geopoliticsrst.blogspot.com/2012/04/argentina-and-repsol.html
WHAT HAPPENS WHEN
BANKS CONTROL THE ECONOMY?
CORPORATOCRACY......
ARGENTINA’S DEFAULT IN 2001, WHICH MANY ARGUE WAS CAUSED TO A LARGE EXTEND BY
THE IMF.......
IMF: DESTROYER OF
NATIONS?
US COURT RULING ON
ARGENTINE BOND DEFAULT
RATING AGENCIES, THE
FEDERAL RESERVE, THE PARIS CLUB, THE IMF, BROKERS AND SPECULATOR
MACRI HEEDS TO JUDGE GRIESA’S RULING?
The ex-senator later
linked the IMF’s position with PRO party leader and presidential hopeful MAURICIO
MACRI.
“Having said that, do you
picture (Mauricio) MACRI, a representative of ARGENTINA’S right-wing, someone
who dared to say that (US Judge Thomas) GRIESA had to be listened to and simply
pay the money they want to steal from ARGENTINEANS, telling 'no' to the INTERNATIONAL
MONETARY FUND, which pretends to make adjustments off all nature, fundamentally
on wages?”
Background
Information:
THE CONNECTION BETWEEN CLARÍN, MACRI AND VULTURE FUNDS - ELLIOTT MANAGEMENT
MACRI, THE NEW SUNNY BOY OF THE IMF?
“We have seen this situation coming; the thing is now the International Monetary Fund (IMF) has decided to act as a leading character, no longer as part of the cast, in a movie in which (Mauricio) MACRI is the little guy and we already knew what they were talking about.”
The cabinet chief assured
presidential hopefuls such as the head of the PRO party defended the IMF’s
formulas and questioned meetings MACRI had held with some union leaders over
the past days promising to raise the income tax floor, something the government
has said will not yet modify.
IMF
ALWAYS HAS MONETARY PERSPECTIVE WITHOUT CONSIDERING STRUCTURAL MATTERS
Even renowned ARGENTINE
Economist ALDO FERRER questioned the IMF report on ARGENTINA'S economic
scenario.
Economist ALDO FERRER has
said the International Monetary Fund (IMF) was “incorrigible” thus questioning
the report the credit organism released, saying ARGENTINA should devalue on its
peso currency and carry out austerity policies to get back on the track of
growth.
“There are economists who
are planning to head back to the (International Monetary) Fund,” FERRER told
Radio America, adding the organization’s recommendations were “useless.”
“What the IMF says has to
be taken as information and have the prudence to not owe nothing to it,” FERRER
affirmed considering the organization commanded by CHRISTINE LAGARDE “incorrigible.”
“The IMF always has its
monetary perspective without considering structural matters."
Via Buenos Aires Herald
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