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Politics : DON'T START THE WAR

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To: Hawkmoon who wrote (25321)8/2/2003 6:15:33 AM
From: GUSTAVE JAEGER  Read Replies (2) of 25898
 
A glimpse into the hidden nightmare of Judeo-Protestant freaks:

Leading economists and political analysts now say that if Argentina defaults on its debt or is forced to devalue its currency -- which would plunge the country and perhaps the region into a deeper crisis -- the anger and disappointment with market reforms could spread.

"If Argentina collapses, we're not talking about just an economic contagion in emerging markets, but a political one," said Daniel Artana, chief economist at FIEL, a Buenos Aires-based research organization. "The real danger is that rather than see it as just one nation's failure, restless left wingers will point to Argentina, a country that went full thrust with the free market, and say it is evidence that capitalist reforms simply don't work."

Free Trade Protests Today, Latin America is battling its highest unemployment rate in almost two decades, and its third major economic slowdown in six years. Many countries in the region are coping with ailing industries and, in some cases, soaring poverty rates.
[...]

Excerpted from:
mail-archive.com@lists.panix.com/msg25032.html

Of course, similar anxieties are nursed by US elites about Russia... It's now about 13 years after Russia cheerfully discarded Communism and the trappings of her disastrous Marxist economics... only to find herself in even deeper ills. How come? There ain't any Arabs or Muslims in both Argentina and Russia --quite the contrary: 7 out of Russia's 12 richest tycoons are Jewish (*). So, what went wrong??

Gus

(*) haaretz.com
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