Chapter 495: Argentine Tears

This method is quite common, and the most typical of them is that it has successfully collapsed the Russian economy after the collapse of the Soviet Union.

At that time, Russia knew that it had been fooled, but unfortunately, it was too late to regret it, and the wealth of the collapse of the Soviet Union was looted by the United States.

If you can't do anything else, you can't do this kind of economic plunder, and the Americans are the best at it.

The same is true for Latin Americans.

Latin American countries also used to have an economic development model dominated by the state-owned economy, but in the eyes of the American capital group, this is a typical backward nationalist economic development model that does not conform to the market economy, and must be thoroughly transformed.

They talk about helping Latin American countries develop, but they have only one goal in mind: how to plunder as much wealth as possible from these countries. How to use the printed dollar white strips to exchange for real money, mineral resources, and factory land.

In the case of Argentina, after the Second World War, it was ruled for a long time by the Nilonist party, which advocated political independence, economic sovereignty and social justice, and their political program was similar to that of the European Social Democratic Party, except for the social reform of the traditional capitalist system, requiring the government to intervene in the economy when necessary and to place special emphasis on nationalization, the implementation of a sound social welfare policy to protect the interests of laborers, and in particular the independent development of national industry. He stressed the need to protect the interests of the nation, implement the policy of import substitution, and adopt positive measures to promote the development of state-owned enterprises and national industries.

Under this series of policies, Argentina has made rapid progress in science and technology and industrial manufacturing, not only to build nuclear power plants, but also to establish some industrial bases that are adapted to the development of modern industry. Among the few countries with a large middle class in Latin America, the economic level is among the best, and social welfare and medical security are also among the highest in Latin America, and the living standard in the 70s of the 20th century is equivalent to the middle and upper level of the average living standard of European countries.

Argentina's economy is also the best in Latin America.

However, the Americans came.

The American experts saw that you can't do this, that you can't continue to develop an economy like yours, and that you must carry out "neoliberal" economic reforms.

At that time, the country was developing well, so it was very difficult to change all at once.

On the one hand, the United States has cultivated a large number of "American parrots" there, using them to vigorously promote the economic development achievements of the United States and the "neoliberal" economic development model promoted by the United States. On the other hand, it instigated a military coup d'état by the military to overthrow a government that could not act according to the wishes of the United States, and replaced it with someone who could implement the "neoliberal" economic policies of the United States.

In the backyard of the United States, no one else came to make trouble, and the forces of the Soviet Union could not penetrate in. So, the Americans have been constantly promoting South America since the end of World War II, and finally, in the seventies, it worked.

Argentina began with a military junta, which abolished long-standing trade protection and industrialization measures, fully opened commodity markets and capital markets to foreign capital, and brutally suppressed labor and trade union organizations.

In the above-mentioned process, in order to carry out privatization as soon as possible, the United States has exhausted all kinds of tricks, such as rebellion, use, murder, political and media guidance, and all kinds of tricks have come up one after another.

What are the benefits of privatization in Argentina for the United States?

Of course, there are benefits, and the dollar white slips printed by the Federal Reserve are most effective at times like these, when the money of the American capital groups is pouring in, devouring Argentina's mineral resources and the stocks of banks and financial institutions, eating as much as they want, and letting them buy as much as they want. Resources are scarce, banknotes are printed themselves, and the process of spending dollars is a huge profit process.

At the same time, in the process, the Argentine government also began to corrupt rapidly, and as long as there was internal and external collusion, the leaders of these state-owned enterprises, etc., could obtain huge wealth.

After all, the process of selling state-owned enterprises is the process of enriching corrupt officials. The bigger and more companies are sold, the greater the benefits for corrupt officials.

Corrupt officials colluded with foreign capital to taste the sweetness of selling state-owned enterprises, and sold state-owned enterprises at a discount to secretly get huge kickbacks, greed and self-interest gradually corroded the nationalist tradition, forming a bureaucratic comprador class keen on privatization, and the wave of privatization swept through Argentina.

The rapid inflow of a large amount of foreign capital into an economy will inevitably lead to a false economic boom in the short term, with rapid GDP growth and rapid increase in people's income.

At this time, everyone agreed with American economics and felt that American economic policies had allowed them to live a good life.

Rapid income growth, combined with the innate optimism of Latinos, has led Argentines to learn the American way of life, using tomorrow and the day after tomorrow with their money. The people's living standards have improved too fast, production has not been able to keep up, and very serious problems have arisen in the economy. So inflation also followed, and the nightmare came.

An economy that is sustained by selling out the country's resources and wealth, and an economy that grows by the inflow of foreign capital, cannot be sustained forever. There will always be a day when the country's resources will be sold out, and Argentines who have lived a good life for more than ten years will begin to move towards the days of nightmares. When the Americans had almost plundered Argentina's wealth, the funds began to withdraw suddenly and massively with huge profits, which led to the outbreak of the financial crisis in Argentina.

This is the whole process of privatization, in the food chain, to each his own and to each his own what he needs. The United States realizes the national interests of the United States, American capital realizes the interests of capital, and the Argentine comprador elite realizes their interests - you know, if they do not sell the country, they will not be able to earn this money themselves. The only tragic thing is the country of Argentina, and the people of Argentina, who are the last ones to pay the bill.

This is the reason for the economic problems that are now in Argentina, and in later generations, the Argentines have not woken up, on the contrary, they continue to sell their country, because they can no longer control it.

The post-privatized Argentine government relied entirely on foreign investment and entry to drive economic growth, recklessly adopting an open-door policy that was more deeply involved in globalization, further liberalizing investment restrictions and privatization, and selling a large number of state-owned enterprises to attract foreign capital inflows.

Argentina eventually went from a first-rate country to a second-rate country, and from a second-rate country to a third-rate country, and that is such a process.

Andrei's analysis made Galtieri's face slowly show anger, when Andrei clearly analyzed, Galtieri thought of the economic experts in his government, who actively encouraged the privatization of state-owned enterprises, thinking that privatization was the medicine, and now I know that after World War II, Argentina, which was originally the world's first, became what it is now, all because of the economic aggression of the Americans.

Now, the Americans have completely abandoned them, and the Americans do not regard Argentina as a friend at all, they just want to use Argentina!

Thinking of this, Galtieri said, "So, what can you bring us?" ”

Andrei had a smile on his face, and he knew he had succeeded.