I'm proud to say I have been a faithful reader from long before your book
came out, and happily watch your growing success. More power to you, man!
Perhaps you would like to review these two articles and make a comment or
two. The first is from this week:
And the other is from 2002:
These debts don't really need to be repaid at all, whether calculated at
70% interest or even deeply discounted. Since the money loaned is simply
the effluence of a printing press run by the lenders (or even less
valuable, a digital account entry with absolutely nothing behind it), at
best the repayment should be in kind -- that is, something equally
intrinsically worthless and not national infrastructure.
Sadly, I'm afraid the good people of the world will undoubtably suffer a
great deal more before these long ongoing wrongs are righted. The best
(peaceful) solution I've seen offered is the building of local "financial
permacultures" and disengaging our connections to the money powers. I
recommend reading virtually everything Catherine Austin Fitts has to say
(solari.com) to your readers who want to know exactly what (most often)
causes their need to be "survivalists" and ways to address that.
The best to you, my friend.
Hi Robert, thanks for your support.
The IMF is evil, who can say that’s a surprise?
We do know they ruined this country, and others, but politicians here were corrupt and went along with it as well. They deal with drug lords too, why not with the IMF? They lend beyond the country’s possibility, suggest the rules of how you should run things, then they tell you how to run things once they own you. Keep tightening the belt on a country that already has a population suffering the austerity imposed by the IMF.
Can you live without the IMF? Without getting into debt, making deals with the devil? We did for several years, keep doing in spite of the economical and political disaster this country is, but you can do that when you’re practically growing and exporting green gold (soy) in a world that is paying top prices for such a commodity, and even that isn’t enough, they had to steal people’s retirement funds. That’s what happens when socialists run things, and you support yourself politically through handout: Sooner or later you run out of money.
So here we are making deals with the devil again, the IMF with its hands all over Argentina not a decade later, the president an all its minions swallowing their own words they said just months ago about never dealing with the IMF ever again.
The first link, there’s not more to add to it. Its the way it is with the IMF. They are the ones that cause these things, then they own you for the misery they themselves caused. Same old story.
I feel the second link had enough truth about it, with Enron and Argentina, yet look what happened with Chavez… still alive, still running things over there, but he’s a petty dictator that steals for himself, not some people’s hero fighting the IMF like that interview somehow made it look.
Good stuff and I hope people read it.
Not much that can be done about it, just helps understand. No, the IMF isn’t out there to help “developing nations” or any other nation, that joke isn’t even funny.