Latin America Breaking News

Yeah Lula the little imp can go **** himself. Dont like it one bit. Neither do many Brazilians from what I hear. Something seriously weird went on in the elections.

Can China Help Brazil Restart Its Global Soft Power?, by Pepe Escobar for Asia Times. 12.24.2022.

Ten days of full immersion in Brazil are not for the faint-hearted. Even restricted to the top two megalopolises, Sao Paulo and Rio, watching live the impact of interlocking economic, political, social and environmental crises exacerbated by the Jair Bolsonaro project leaves one stunned.

The return of Luiz Inácio Lula da Silva for what will be his third presidential term, starting January 1, 2023, is an extraordinary story trespassed by Sisyphean tasks. All at the same time he will have to

- fight poverty;
- reconnect with economic development while redistributing wealth;
- re-industrialize the nation; and
- tame environmental pillage.

That will force his new government to summon unforeseen creative powers of political and financial persuasion.

Even a mediocre, conservative politician such as Geraldo Alckmin, former governor of the wealthiest state of the union, Sao Paulo, and coordinator of the presidential transition, was simply astonished at how four years of the Bolsonaro project let loose a cornucopia of vanished documents, a black hole concerning all sorts of data and inexplicable financial losses.

It’s impossible to ascertain the extent of corruption across the spectrum because simply nothing is in the books: Governmental systems have not been fed since 2020.

Alckmin summed it all up: “The Bolsonaro government happened in the Stone Age, where there were no words and numbers.”

Now every single public policy will have to be created, or re-created from scratch, and serious mistakes will be inevitable because of lack of data.

And we’re not talking about a banana republic – even though the country concerned features plenty of (delicious) bananas.

By purchasing power parity (PPP), according to the International Monetary Fund (IMF), Brazil remains the eighth-ranked economic power in the world even after the Bolsonaro devastation years – behind China, the US, India, Japan, Germany, Russia and Indonesia, and ahead of the UK and France.

A concerted imperial campaign since 2010, duly denounced by WikiLeaks, and implemented by local comprador elites, targeted the Dilma Rousseff presidency – the Brazilian national entrepreneurial champions – and led to Rousseff’s (illegal) impeachment and the jailing of Lula for 580 days on spurious charges (all subsequently dropped), paved the way for Bolsonaro to win the presidency in 2018.

Were it not for this accumulation of disasters, Brazil – a natural leader of the Global South – by now might possibly be placed as the fifth-largest geo-economic power in the world.

What the investment gang wants

Paulo Nogueira Batista Jr, a former vice-president of the New Development Bank (NDB), or BRICS bank, goes straight to the point: Brazil’s dependence on Lula is immensely problematic.

Batista sees Lula facing at least three hostile blocs.

- The extreme right supported by a significant, powerful faction of the armed forces – and this includes not only Bolsonarists, who are still in front of a few army barracks contesting the presidential election result;

- The physiological right that dominates Congress – known in Brazil as “The Big Center”;

- International financial capital – which, predictably, controls the bulk of mainstream media.

The third bloc, to a great extent, gleefully embraced Lula’s notion of a United Front capable of defeating the Bolsonaro project (which project, by the way, never ceased to be immensely profitable for the third bloc).

Now they want their cut. Mainstream media instantly turned to corralling Lula, operating a sort of “financial inquisition,” as described by crack economist Luiz Gonzaga Belluzzo.

By appointing longtime Workers’ Party loyalist Fernando Haddad as finance minister, Lula signaled that he, in fact, will be in charge of the economy. Haddad is a political-science professor and was a decent minister of education, but he’s no sharp economic guru. Acolytes of the Goddess of the Market, of course, dismiss him.

Once again, this is the trademark Lula swing in action: He chose to place more importance on what will be complex, protracted negotiations with a hostile Congress to advance his social agenda, confident that all the lineaments of economic policy are in his head.

A lunch party with some members of Sao Paulo’s financial elite, even before Haddad’s name was announced, offered a few fascinating clues. These people are known as the “Faria Limers” – after the high-toned Faria Lima Avenue, which houses quite a few post-mod investment banks’ offices as well as Google and Facebook HQs.

Lunch attendees included a smattering of rabid anti-Workers’ Party investors, the proverbial unreconstructed neoliberals, yet most were enthusiastic about opportunities ahead to make a killing, including an investor looking for deals involving Chinese companies.

The neoliberal mantra of those willing – perhaps – to place their bets on Lula (for a price) is “fiscal responsibility.” That frontally clashes with Lula’s focus on social justice.

That’s where Haddad comes up as a helpful, polite interlocutor because he does privilege nuance, pointing out that only looking at market indicators and forgetting about the 38% of Brazilians who only earn the minimum wage (1,212 Brazilian real or US$233 per month) is not exactly good for business.

The dark arts of non-government

Lula is already winning his first battle: approving a constitutional amendment that allows financing of more social spending.

That allows the government to keep the flagship Bolsa Família welfare program – of roughly $13 a month per poverty-level family – at least for the next two years.

A stroll across downtown Sao Paulo – which in the 1960s was as chic as mid-Manhattan – offers a sorrowful crash course on impoverishment, shut-down businesses, homelessness and raging unemployment. The notorious “Crack Land” – once limited to a street – now encompasses a whole neighborhood, much like junkie, post-pandemic Los Angeles.

Rio offers a completely different vibe if one goes for a walk in Ipanema on a sunny day, always a smashing experience. But Ipanema lives in a bubble. The real Rio of the Bolsonaro years – economically massacred, de-industrialized, occupied by militias – came up in a roundtable downtown where I interacted with, among others, a former energy minister and the man who discovered the immensely valuable pre-salt oil reserves.

In the Q&A, a black man from a very poor community advanced the key challenge for Lula’s third term: To be stable, and able to govern, he has to have the vast poorest sectors of the population backing him up.

This man voiced what seems not to be debated in Brazil at all: How did there come to be millions of poor Bolsonarists – street cleaners, delivery guys, the unemployed? Right-wing populism seduced them – and the established wings of the woke left had, and still have, nothing to offer them.

Addressing this problem is as serious as the destruction of Brazilian engineering giants by the Car Wash “corruption” racket. Brazil now has a huge number of well-qualified unemployed engineers. How come they have not amassed enough political organization to reclaim their jobs? Why should they resign themselves to becoming Uber drivers?

José Manuel Salazar-Xirinachs, the new head of the UN Economic Commission on Latin America and the Caribbean (ECLAC), may carp about the region’s economic failure as even worse now than in the “lost decade” of the 1980s: Average annual economic growth in Latin America in the decade up to 2023 is set to be just 0.8%.

Yet what the UN is incapable of analyzing is how a plundering neoliberal regime such as Bolsonaro’s managed to “elevate” to unforeseen toxic levels the dark arts of little or no investment, low productivity and less than zero emphasis on education.

President Dilma in da house

Lula was quick to summarize Brazil’s new foreign policy – which will go totally multipolar, with emphasis on increasing Latin American integration, stronger ties across the Global South and a push to reform the UN Security Council (in sync with BRICS members Russia, China and India).

Mauro Vieira, an able diplomat, will be the new foreign minister. But the man fine-tuning Brazil on the world stage will be Celso Amorim, Lula’s former foreign minister from 2003 to 2010.

In a conference that reunited us in Sao Paulo, Amorim elaborated on the complexity of the world Lula is now inheriting, compared with 2003. Yet along with climate change the main priorities – achieving closer integration with South America, reviving Unasur (the Union of South American Nations) and re-approaching Africa – remain the same.

And then there’s the Holy Grail: “good relations with both the US and China.”

The Empire, predictably, will be on extreme close watch. US national security adviser Jake Sullivan dropped in to Brasilia, during the fist days of the World Cup soccer tournament, and was absolutely charmed by Lula, who’s a master of charisma. Yet the Monroe Doctrine always prevails. Lula getting closer and closer to BRICS – and the expanded BRICS+ – is considered virtual anathema in Washington.

So Lula will play most overtly in the environment arena. Covertly, it will be a sophisticated balancing act.

The combo behind US President Joe Biden called Lula to congratulate him soon after the election results. Sullivan was in Brasilia setting the stage for a Lula visit to Washington. Chinese President Xi Jinping for his part sent him an affectionate letter, emphasizing the “global strategic partnership” between Brazil and China. Russian President Vladimir Putin called Lula earlier this week – and emphasized their common strategic approach to BRICS.

China has been Brazil’s top trade partner since 2009, ahead of the US. Bilateral trade in 2021 hit $135 billion. The problem is lack of diversification and focus on low added value: iron ore, soybeans, raw crude and animal protein accounted for 87.4% of exports in 2021. China exports, on the other hand, are mostly high-tech manufactured products.

Brazil’s dependence on commodity exports has indeed contributed for years to its rising foreign reserves. But that implies high concentration of wealth, low taxes, low job creation and dependence on cyclical price oscillations.

There’s no question China is focused on Brazilian natural resources to fuel its new development push – or “peaceful modernization,” as established by the latest Party Congress.

But Lula will have to strive for a more equal trade balance in case he manages to restart the nation as a solid economy. In 2000, for instance, Brazil’s top export item was Embraer jets. Now, it’s iron ore and soybeans; yet another dire indicator of the ferocious de-industrialization operated by the Bolsonaro project.

China is already investing substantially in the Brazilian electric sector – mostly due to state companies being bought by Chinese companies. That was the case in 2017 of State Grid buying CPFL in Sao Paulo, for instance, which in turn bought a state company from southern Brazil in 2021.

From Lula’s point of view, that’s inadmissible: a classic case of privatization of strategic public assets.

A different scenario plays in neighboring Argentina. Buenos Aires in February became an official partner of the New Silk Roads, or Belt and Road Initiative, with at least $23 billion in new projects on the pipeline. The Argentine railway system will be upgraded by – who else? – Chinese companies, to the tune of $4.6 billion.

The Chinese will also be investing in the largest solar energy plant in Latin America, a hydroelectric plant in Patagonia, and a nuclear energy plant – complete with transfer of Chinese technology to the Argentine state.

Lula, beaming with invaluable soft power not only personally when it comes to Xi but also appealing to Chinese public opinion, can get similar strategic partnership deals, with even more amplitude. Brasilia may follow the Iranian partnership model – offering oil and gas in exchange for building critical infrastructure.

Inevitably, the golden path ahead will be via joint ventures, not mergers and acquisitions. No wonder many in Rio are already dreaming of high-speed rail linking it to Sao Paulo in just over an hour, instead of the current, congested highway journey of six hours (if you’re lucky).

A key role will be played by former president Dilma Rousseff, who had a long, leisurely lunch with a few of us in Sao Paulo, taking her time to recount, in minutiae, everything from the day she was officially arrested by the military dictatorship (January 16, 1970) to her off-the-record conversations with then-German chancellor Angela Merkel, Putin, and Xi.

It goes without saying that her political – and personal – capital with both Xi and Putin is stellar. Lula offered her any post she wanted in the new government. Although still a state secret, this will be part of a serious drive to polish Brazil’s global profile, especially across the Global South.

To recover from the previous, disastrous six years – which included a two-year no man’s land (2016-2018) after the impeachment of president Dilma – Brazil will need an unparalleled national drive of re-industrialization at virtually every level, complete with serious investment in research and development, training of specialized work forces and technology transfer.

There is a superpower that can play a crucial role in this process: China, Brazil’s close partner in the expanding BRICS+. Brazil is one of the natural leaders of the Global South, a role much prized by the Chinese leadership.

The key now is for both partners to establish a high-level strategic dialogue – all over again. Lula’s first high-profile foreign visit may be to Washington. But the destination that really matters, as we watch the river of history flow, will be Beijing.

https://www.unz.com/pescobar/can-china-help-brazil-restart-its-global-soft-power/

@TMA1 This is were the Trumpista-Putinista love affair ends.

Russia wants Lula, and by extension the drones on this board want him too. Doesn't matter if he's an open Satanist, fully on board with the LGBT agenda, a proven crook, convicted of corruption - the scale of which shook even the leftoid subhumans in the country, is a result of clear obstruction, has been the obvious CIA's guy in Brazil and is a proponent of bizarre social policies that will suck in the Brazilian economy back into shitter.

Anyway, Russia has a long track record of betting on the wrong horse, even on its borders. This Lula guy will do an immediate 'Petro' - that's the man who was heralded on this board as Colombia's route out of its alliance with the US..

.. But who invited NATO forces into the Amazon within 2 months of taking office due to 'concerns about the biological diversity of the region'

https://www.pressenza.com/2022/10/nato-in-the-amazon-petro-plays-with-fire/

Have to agree with you on this

Don't know about Columbia though. Didn't they condemn the US-organized coup in Peru just the other week?

President Bolsonaro signs order to sideline Brazillian Supreme Court:



https://www.thegatewaypundit.com/2022/12/breaking-christmas-counter-coup-bolsonaro-signs-order-sideline-corrupt-supreme-court/

What do you guys think of this:

https://www.yahoo.com/news/bolsonaro-protesters-brazil-want-133627333.html

Hmm not sure if

Hmm not sure if genuine or a mix of genuine protests and spooks a la Jan 6th. You know the dozens of plants, some conveniently inviting violence and destruction of property and suddenly disappearing from the scene in media and the courts....

Brazil breathes fascism everywhere. It is a putative imitation of the US.
Following criminal Augusto Pinochet escapes to a hospital whenever he was in trouble, Bolsonaro is proceeding much along the same path. In Santiago it was the Hospital Militar, whereas in Brazil it is Albert Einstein's Hospital in São Paulo.
Now that he's been behind the riots in Brasilia and fled to Florida, he's experiencing "stomach aches" and was hospitalised in Orlando, while awaiting an extradiction request from Brasilia for sedition charges. We'll have to wait for the "Biden" reaction, meaning the State Department's one in Bellevue.

Eh I dont sympathize with commies or neocons/neolibs. Dont sympathize with fascists either. Problems is lefties cannot go without calling anything they dont like a hitler or a fascist. It isnt funny anymore. Globohomo seemed to hate Bolsenaro more than they hated Lula. So I sympathized with Bolsenaro more. Also I heard much of the usual slithery election fraud stories as here in America. I genuinely hope these protests arent being used by spooks to tarnish conservatives or push draconian measures to silence and arrest them.

That said though I said I dont like commies I know that south american commies of old were a different breed to the bourgeois bohemian european kind. Btw any south americans know if Catholic integralists and other right wing catholic groups are growing in number?

Isn't it ironic that the US and the west have undermined protest and calls for democracy and freedoms in the rest of the world to the point you can only tell if it is genuine or paid for by waiting for comments from the US State department... of course such peaceful protesting is not allowed or not reported in the west.

Traitors...

[size=32]  Btw any south americans know if Catholic integralists and other right wing catholic groups are growing in number?[/size]


[size=32]Opus Dei followers are incredibly strong in Chile and Brazil. They proceed along the motto of "Motherland, Family and Private Ownership".[/size]

Still better than "you will have nothing but will be happy" motto from the globalists.

Why the CIA Attempted a 'Maidan Uprising' in Brazil, by Pepe Escobar for The Cradle. 01.10.2023.

A former US intelligence official has confirmed that the shambolic Maidan remix staged in Brasilia on 8 January was a CIA operation, and linked it to the recent attempts at color revolution in Iran.

On Sunday, alleged supporters of former right-wing President Jair Bolsonaro stormed Brazil’s Congress, Supreme Court, and presidential palace, bypassing flimsy security barricades, climbing on roofs, smashing windows, destroying public property including precious paintings, while calling for a military coup as part of a regime change scheme targeting elected President Luis Inacio “Lula” da Silva.

According to the US source, the reason for staging the operation – which bears visible signs of hasty planning – now, is that Brazil is set to reassert itself in global geopolitics alongside fellow BRICS states Russia, India, and China.

That suggests CIA planners are avid readers of Credit Suisse strategist Zoltan Pozsar, formerly of the New York Fed. In his ground-breaking 27 December report titled War and Commodity Encumbrance, Pozsar states that “the multipolar world order is being built not by G7 heads of state but by the ‘G7 of the East’ (the BRICS heads of state), which is a G5 really but because of ‘BRICSpansion’, I took the liberty to round up.”

He refers here to reports that Algeria, Argentina, Iran have already applied to join the BRICS – or rather its expanded version “BRICS+” – with further interest expressed by Saudi Arabia, Turkiye, Egypt, Afghanistan, and Indonesia.

The US source drew a parallel between the CIA’s Maidan in Brazil and a series of recent street demonstrations in Iran instrumentalized by the agency as part of a new color revolution drive: “These CIA operations in Brazil and Iran parallel the operation in Venezuela in 2002 that was highly successful at the start as rioters managed to seize Hugo Chavez.”

Enter the “G7 of the East”

Straussian neo-cons placed at the top of the CIA, irrespective of their political affiliation, are livid that the “G7 of the East” – as in the BRICS+ configuration of the near future – are fast moving out of the US dollar orbit.

Straussian John Bolton – who has just publicized his interest in running for the US presidency – is now demanding the ouster of Turkey from NATO as the Global South realigns rapidly within new multipolar institutions.

Russian Foreign Minister Sergey Lavrov and his new Chinese counterpart Qin Gang have just announced the merging of the China-driven Belt and Road Initiative (BRI) and the Russia-driven Eurasia Economic Union (EAEU). This means that the largest 21st century trade/connectivity/development project – the Chinese New Silk Roads – is now even more complex, and keeps expanding.

That sets the stage for the introduction, already being designed at various levels, of a new international trading currency aimed at supplanting then replacing the US dollar. Apart from an internal debate among the BRICS, one of the key vectors is the discussion team set up between the EAEU and China. When concluded, these deliberations will be presented to BRI-EAEU partner nations and of course the expanded BRICS+.

Lula at the helm in Brazil, in what is now his third non-successive presidential term, will offer a tremendous boost to BRICS+, In the 2000s, side by side with Russian President Putin and former Chinese President Hu Jintao, Lula was a key conceptualizer of a deeper role for BRICS, including trade in their own currencies.

BRICS as “the new G7 of the East,” as defined by Pozsar, is beyond anathema – as much for Straussian neo-cons as for neoliberal.

The US is being slowly but surely expelled from wider Eurasia by concerted actions of the Russia-China strategic partnership.

Ukraine is a black hole – where NATO faces a humiliation that will make Afghanistan look like Alice in Wonderland. A feeble EU being forced by Washington to de-industrialize and buy US Liquified Natural Gas (LNG) at absurdly high cost has no essential resources for the Empire to plunder.

Geoeconomically, that leaves the US-denominated “Western Hemisphere,” especially immense energy-rich Venezuela as the key target. And geopolitically, the key regional actor is Brazil.

The Straussian neo-con play is to pull all stops to prevent Chinese and Russian trade expansion and political influence in Latin America, which Washington – irrespective of international law and the concept of sovereignty, continues to call “our backyard.” In times where neoliberalism is so “inclusive” that Zionists wear swastikas, the Monroe Doctrine is back, on steroids.

Sll about the ‘strategy of tension’

Clues for Maidan in Brazil can be obtained, for instance, at the US Army Cyber Command at Fort Gordon, where it’s no secret the CIA deployed hundreds of assets across Brazil ahead of the recent presidential election – faithful to the “strategy of tension” playbook.

CIA chatter was intercepted at Fort Gordon since mid-2022. The main theme then was the imposition of the widespread narrative that ‘Lula could only win by cheating.’

A key target of the CIA operation was to discredit by all means the Brazilian electoral process, paving the way for a prepackaged narrative that is now unraveling: a defeated Bolsonaro fleeing Brazil and seeking refuge at former US president Donald Trump’s Mar-a-Lago mansion. Bolsonaro, advised by Steve Bannon, did flee Brazil, skipping Lula’s inauguration, but because he’s terrified he may be facing the slammer sooner rather than later. And by the way, he is in Orlando, not Mar-a-Lago.

The icing on the stale Maidan cake was what happened this past Sunday: fabricating a 8 January in Brasilia mirroring the events of 6 January, 2021 in Washington, and of course imprinting the Bolsonaro-Trump link on people’s minds.

The amateurish nature of 8 January in Brasilia suggests CIA planners got lost in their own plot. The whole farce had to be anticipated because of Pozsar’s report, which everyone-who-matters has read across the New York-Beltway axis.

What is clear, is that for some factions of the powerful US establishment, getting rid of Trump at all costs is even more crucial than crippling Brazil’s role in BRICS+.

When it comes to the internal factors of Maidan in Brazil, borrowing from novelist Gabriel Garcia Marquez, everything walks and talks like the Chronicle of a Coup Foretold. It is impossible that the security apparatus around Lula could not have foreseen these events, especially considering the tsunami of signs on social networks.

So there must have been a concerted effort to act softly – without any preventive big sticks – while just emitting the usual neoliberal babble.

After all, Lula’s cabinet is a mess, with ministers constantly clashing and some members supporting Bolsonaro even a few months ago. Lula calls it a “national unity government,” but it is more like a tawdry patchwork job.

Brazilian analyst Quantum Bird, a globally respected physics scholar who has returned home after a long stint in NATO lands, notes how there are “too many actors in play and too many antagonistic interests. Among Lula’s ministers, we find Bolsonarists, neoliberal-rentiers, climate interventionism converts, identity politics practitioners and a vast fauna of political neophytes and social climbers, all well aligned with Washington’s imperial interests.”

CIA-stoked ‘militants’ on the prowl

One plausible scenario is that powerful sectors of the Brazilian military – at the service of the usual Straussian neo-con think tanks, plus global finance capital – could not really pull off a real coup, considering massive popular rejection, and had to settle at best for a “soft” farce. That illustrates just how much this self-aggrandizing and highly corrupt military faction is isolated from Brazilian society.

What is deeply worrying, as Quantum Bird notes, is that the unanimity in condemning 8 January from all quarters, while no one took responsibility, “shows how Lula navigates virtually alone in a shallow sea infested by sharpened corals and hungry sharks.”

Lula’s position, he adds, “decreeing a federal intervention all by himself, without strong faces of his own government or relevant authorities, shows an improvised, disorganized and amateurish reaction.”

And all that, once again, after CIA-stoked “militants” had been organizing the “protests” openly on social media for days.

The same old CIA playbook though remains at work. It still boggles the mind how easy it is to subvert Brazil, one of the natural leaders of the Global South. Attempted old school coups cum regime change/color revolution scripts will keep being played – remember Kazakhstan in early 2021, and Iran only a few months ago.

As much as the self-aggrandizing faction of the Brazilian military may believe they control the nation, if Lula’s significant masses hit the streets in full force against the 8 January farce, the army’s impotence will be graphically imprinted. And since this is a CIA operation, the handlers will order their tropical military vassals to behave like ostriches.

The future, unfortunately, is ominous. The US establishment will not allow Brazil, the BRICS economy with the best potential after China, to be back in business with full force and in synch with the Russia-China strategic partnership.

Straussian neo-cons and neoliberals, certified geopolitical jackals and hyenas, will get even more ferocious as the “G7 of the East,” Brazil included, moves to end the suzerainty of the US dollar as imperial control of the world vanishes.

https://www.unz.com/pescobar/why-the-cia-attempted-a-maidan-uprising-in-brazil/

Not surprised that their was a right wing conspiracy to prevent the transfer of power in Brazil:



https://www.yahoo.com/news/brazilian-senator-says-ex-president-130735869.html

It is funny the west goes apeshit over Russia in Ukraine but the free and democratic elections around the world they destroy does more to harm democracy than anything Russia has ever done... if the US breaks the rules and interferes in elections then who should not be allowed to do the same?

America sets the bar for democracies everywhere, and their actions and reactions just make them a joke... a bad joke.

Over 18 Million People in Argentina Cannot Afford Basic Needs.






A country like that won the Football World Cup.

IMF special...

They need BRICS help, not the IMF or US...

They need to work. Grow food and produce your own energy. Stop counting on others financial systems.

Once you are in their position there is no working it out that will work for them...

Once you are in massive debt no one will loan you money except those that want to keep you where you are...

Didn't Argentina cut lithium exports to Russia?

Can't help those who aren't willing to help themselves

Money doesn't grow food. Hard work does. Once you work hard, money comes alone.

The IMF has been using debt spirals for as long as it has existed... once you are deep in debt, growing your own food wont help you get out of it...

The core problem is that money earns money better than labour does.

I could make millions of dollars easy... just go to a major city and buy 8 x 1 million dollar value houses and then wait five years and then sell them for 2.5 to three million dollars each... there is no way you could work to earn that sort of money over that period or even a period three times that... the obvious problem is having the millions to start with.

And conversely if you are millions or billions in debt no level of working hard will pay that off and at the same time pay for any decent level of lifestyle... which means you work like a dog, living in a shack... and all you are doing is paying interest off.

There is a reason companies declare bankruptcy. And it is not because they are lazy... it took Amazon about 10 years of trading before they became profitable...

All these years of the west trying to help and mechanisms like the IMF and the third world remains the third world... though there is some progress in some places of course... but not usually because of the west.

Yeah I forgot... hard work and don't be dumb to use the dollar as your reference money.

Argentina has the ressources to trade without using dollars. They just have dumb politicians.

The suffer like every country where the US has influence... Argentinas politicians are not unique in throwing their own country and people under the bus to please the US... that describes all of HATO except Hungary and Turkey, and most of the west.

When the money is worthless their buying power will disappear and politicians will go back to being owned by organised crime and drug cartels.