‘A new form of colonization’: Argentinian workers confront the IMF

30 thoughts on “‘A new form of colonization’: Argentinian workers confront the IMF”

1. Yup, has nothing to do with government over spending, corruption, nepotism, red taping, lack of modernizing….
   Despite having a wealth of resources and labour.
   It's always someone else's fault.
   Pathetic analysis.

2. O yeah, their own mismanagement and corruption are not to blame , right?

   might as well don't help them anymore.

   no stupidity greater than ingratitude.

3. … or Argentina destroys itself. 😂

4. instead of blaming the IMF is the Goverment that is CORRUPT!

5. SUBHANALLAH 🕋🙏🙏🕋🕋🇪🇭🇸🇾🇸🇾🧡💙💛💛💜🙏🙏🕋🕋

6. I am writing to ask, why is it that the very system of money, its conceptual assumptions and its structural implementation, seldom comes into question? I am reading papers from many and do not find that kind of questioning, yet all the while the desire is to see an end to all this war making and economic misery.

   The entire history of the imperialist state control of the thing called money, and the prior iterations of that, which Graeber takes all the way back to ancient times, shows that the issuance and then taxation of the issuance is a structure to direct and control the populace to be doing for the feudal lord what the populace would not otherwise choose – make war, build empire, and whatever else is on the imperial agenda.

   The neo-feudal iteration of this ancient structure, that is that same old protection racket, is no more legitimate than the old ones regardless of the language around monetization and commoditization of the social order as called out by the likes of Forstater. All one has to do is look at the militarization of this country (USA) to see that the very structures described by both Graeber and Forstater are producing the exact outcomes that the model was intended to produce – control of the populace to direct its material and labor forces for the building of empire.

   So, while I like reading that many are challenging the behaviors and policies of The State, I am wondering why this claim over the power to create or 'issue' money itself has not come under greater scrutiny. Instead we see all the challenges to how this power is used but have not directly challenged the legitimacy of that particular claim of power.

   The MMT crowd says that the present way of doing the thing called money is the way that it is based on this claim of authority to dictate what shall be the currency. But there is nothing "modern" about this model, and given its long history of being done in this fashion to obtain these intended results it is asinine at best to think that any different results will come from its use. The very definition of insanity is doing the same thing over and over expecting different results.
   
   The morph of this model into the private control over the creation of the monetary unit (by way of legal tender status for private bank debt issuance) as property created from nothing and then loaned into deceptive service at interest and in the interest of the unit creators leaves those creators with virtually the entire labor and material asset base of the nation pledged as collateral. Basically just wearing new clothes for the emperor, these people then have the power to buy the governing system they want and to buy the propaganda media to make this whole MMT presentation of this ancient system, that at the end of the day is nothing new or modern, appear to be worth repeating once again. It is not.

   The thing is, money creation, from nothing and yet turned into a thing of 'value' – Poof! – is NOT a power that anyone actually has, not anyone, not any government, not any bank.

   The war making will not stop till we come to know what is wrong with our own beliefs about money and the insanity that we are accepting.

   Graeber and the history of coins and money and their connection to militarism.

   Listen from 42:06 to 47:10

   https://www.youtube.com/watch?v=CZIINXhGDcs&t=2534s

   The thing that many are not 'getting' is that we have been wrong about money for a very long time. It seems like they have a very hard time believing that it is possible we can go from the time of the Bible to today and still not have a very good idea about what money is and does.
   
   It took the world a long time to get over the notion that the earth could not be the center of the solar system, because it sure looks like it without knowing what actually causes the appearance of the sun 'moving across the sky.'
   
   We are in a similar place in not knowing that the appearances of how money is operating are not what we think. But until we correct our thinking, by first truly understanding how abstract representation of value works, we will not be able to deduce that no entity can create something of 'value' from nothing. If we realize that the representation of something cannot be that something, and surely cannot precede that something, then we should be able to realize that no one can 'pre-create' units of acCount ahead of and apart from that which they will be used to represent.
   
   When we come to that level of understanding about money then everything else also changes; and we will not so easily be pushed around by illiterate 'leaders' claiming to be able to create something from nothing that we are all too savvy to go along with.

   So, the question about having a truly logical and workable system of money begins with having a willingness to abandon what the present system, with all its ill effects, is based on. It really comes down to a simple understanding and awareness. Money cannot be an item of value and then be expected to perform the function of measure for/of the value of other things.
   
   https://www.moneytransparency.com/core-misrepresentation

   I think we are in a situation a lot like Copernicus when, despite all the larger appearances, he could determine by math, logic and reason that the earth could not possibly be the center of the solar system. Imagine the implications to the rest of planetary science if we still were acting under the mistaken assumption of a geocentric universe! We are in a similar place of coming to know that it is our own mistaken interpretation of appearances that just needs to be informed by what the actual dynamics are so that we can move forward in truth. So the real work is not really in controlling or pushing back against authoritarianism but in genuine literacy about abstract representational systems.

   When you can get your head around this analysis I am sure you start to see the work you do get easier and a light for making peace start to shine.

7. I used to be naive to think colonialism ended after the World Wars 🙃

8. As all debt is notional, just digits on a computer screen, how about we switch it off! Russia has excused $23 bn of debt to poor African countries, and why not? They were never going to get it anyway, Most of the worlds debt is ‘owned’ by very few people, probably $60 trillion by now, debt is very valuable, and gives enormous power to those who own it, but this debt only means something if it is honoured, and held against nations for control. If by some misfortune, some 300 people/families were accidentally eliminated, we could restart the computer at zero!

9. The only economic stability and growth of the IMF is for themselves and hence American billionaires…

   … NOT AMERICANS … but American BILLIONAIRES!

10. Life here in Paraguay is great!

11. Argentina’s government when they have to meet conditions in exchange for loans:😱. Abandon the Peronist socialism and vote for Javier Milei.

12. Either Revolution of A Act of God it will take to stop their wickedness !

13. The USA is exactly the same way ! Middleclass being destroyed. The Entire government and banking and real estate industries are ALL involved in The Racketeering Scheme and Law Enforcement and Military Protect it ! , IMF , ABA and Federal Reserve Banksters ! Major Class Warfare but most are too stupid to see it ! , They think politics is the answer when bloodshed is ! , You cannot stop Tyrant's and Nazi types with politics !

14. Argentina was colonized by the Spanish and Italians; imagine if functioning societies had gotten to Latin America instead of countries like Portland Spain, with their low literacy and Inquisitions…

15. Note: loaning countries money and creating debt is a scam since money or really the global reserve currency – the US Dollar – has no value and is printed out of thin air. The only thing giving the US$ value is the big ass US/NATO military and greedy local oligarchies willing to betray their populations along with a financial system honed in the past century. Once you see it, you cannot unsee it.

16. Argentina for BRICKS!

17. Everything I do at the moment is for the Cause, no matter how insignificant or small actions are they, to make the world more humane and above all free from the governance of those under the control of this personality disorder, the one responsible for human misery for hundreds of years.
    Above all, learn not to let yourself be taken in by them, for they are present everywhere and at every level.
    Unlike our ancestors, we finally have the technology to identify them with a simple pet scan.
    All managers should go under the scanner.

18. the money "disappears" into Vatican and Swiss "secret" bank accounts.

19. soon the USA will pay 1000 BILLION dollars a year just for interest on Washington D.C.s debt.

20. debt slavey is profitable and enables the corrupt ruling class to control the commoners/ serfs/ workers.

21. I thought China was helping Argentina get the IMF loan paid off? We saw in news China paid IMF in yuan which was accepted. Where is Cristina? What is new gov't doing? More clarity, please.

22. Ya no vot3n por presidentes chafas

23. There should be one solution ,and final!

24. 1)Takes stupid debt with draconic rules
    2)Wastes all the money and missmanages the economy, monetary policy, etc. (Excessive government spending creating inflation, fixed prices to control inflation creating lack of goods, etc.)
    3) BLAMES THE BANK
    Right. Genius level!

25. ONU da ASCO ! Hay que cambiarlos! Boycott

26. It's called a bank. Its purpose is to make money, not to help.

27. Whoever uses IMF= I M F_ _ _ked!

28. What? DEBT TRAP? NO!😅😂

29. New ??? This is the third time the imf did this to us in my short 36 years of life… haha "new".

30. Argentina 🇦🇷 went into ruin as the president Macrí and Argentina Jewish Centre AMIA vote for FMI, now they have to pay this credit in next 30 years 😢😢😢

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