Argentina Tells IMF: "Stupid Is As Stupid Does".
In this report I go over the action in the stock market and precious metals market for the week and their performance so far for 2018.
Today I focus on Argentina and the recent news that it has agreed to a $57 billion bailout from the IMF and the international bankers. I look at the economic history of Argentina and how it used to be one of the reichest countries on earth from the late 1800s to the 1950s.
I show how, since joining the IMF in 1956, the path for Argentine prosperity and economy has been downhill all the way. Despite this fact the leadership in Argentina keep dealing with this predatory financial institution and selling the country down the drain to the international creditors.
With the help of work done by Professor Richard Wwerner of Southampton University I show that Argentina does not have to borrow from abroad to have a thriving and successful economy.
My conclusion is that Argentina should keave the IMF but that is easier said than done as the IMF is controlled by the United States and the bankers.
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Prof. Werner Essay: https://professorwerner.org/category/articles-essays/
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Its really not hard to have a successful economy, all that needs to happen is right people placed in jail or expelled. :D
Do you know about Viktor Orban? Prime minister of Hungary
All in all, I appreciate the Niches you are covering and they are definitely type of content that certain group of people would love.
Continue pushing man :)
Hi @enjoyinglife, I have heard of the Hungarian PM. He must be doing something right as the EU establishment are not his friends.
Good title.
Silver - "Week in Review":
Japanese female economist Noriko Hama called Abenomics as "Ahonomics" in which "Aho" means stupid.
It does appear to be ready for the big shake up. Nice post I always find your explanations easy to understand some finical reports are too complex or just all doom and gloom end of the world crap!
💯🐒