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Previously: Argentina: Chief Goblin Does Jew Ceremony for New Jew Foreign Minister This freak from Argentina is the ultimate avatar of global Judaization. He is actively and extremely publicly engaged in a process of turning Jews into an untouchable elite class in Argentina, a country which was, like America, founded on Christianity. Jews have their... Read More
In September 2024, the President of Argentina, Javier Milei, addressed the United Nations General Assembly in New York. While many lauded the speech as a great libertarian event against the statist status quo, the truth is that Milei only continues to prove that he is a wolf in sheep’s clothing. True to his contradictory style,... Read More
The newly elected president of Argentina, Javier Milei, describes himself as an “anarcho-capitalist Austrian economist, and libertarian.” Since no person thus identified has ever been elected to the presidency of a major nation anywhere before, the ordinary reader may not be familiar with these terms. We shall outline the meaning of these terms, because knowing... Read More
As recently as last year, Argentina was trending towards the Sino-Russian bloc. With plans to join BRICS on January 1st, 2024 and on the path of complete integration into the Belt and Road Initiative, it seemed like a done deal. In 2022, outgoing president Alberto Fernandez made public remarks while visiting Russia suggesting that he... Read More
The voters of Argentina have decided that 53-year-old Javier Milei is going to be their next president. He will be the first unmarried president since 1916 when Vicente Yrigoyen was elected. Like Yrigoyen, whose nickname was el peludo (the armadillo, literally the hairy one), Milei has a nickname that is to do with hair: la... Read More
The presidential election in Argentina pitted the people against neoliberalism and the people won. What happens next will have a tremendous impact all over Latin America and serve as a blueprint for assorted Global South struggles. The presidential election in Argentina was no less than a game-changer and a graphic lesson for the whole Global... Read More
Neoliberalism is – literally – burning. And from Ecuador to Chile, South America, once again, is showing the way. Against the vicious, one-size-fits-all IMF austerity prescription, which deploys weapons of mass economic destruction to smash national sovereignty and foster social inequality, South America finally seems poised to reclaim the power to forge its own history.... Read More
The Iranian rial: crash. The Turkish lira: crash. The Argentine peso: crash. The Brazilian real: crash. There are multiple, complex, parallel vectors at play in this wilderness of crashing currencies. Turkey’s case is heavily influenced by the bubble of easy credit created by European banks. Argentina’s problem is mostly to do with the neoliberal austerity... Read More
The recently elected neoliberal government of Mauricio Macri has decided to seek a $50 billion IMF credit line, which will only enable more capital flight for the upper class and greater unpayable debt for the rest of the population, says the economist Michael Hudson. SHARMINI PERIES: It’s The Real News Network. I’m Sharmini Peries, coming... Read More
Left Out,, a podcast produced by Paul Sliker, Michael Palmieri, and Dante Dallavalle, creates in-depth conversations with the most interesting political thinkers, heterodox economists, and organizers on the Left. The Hudson Report is a weekly series produced by Left Out with the legendary economist Michael Hudson. Every episode we cover an economic or political issue... Read More
Introduction: Wall Street and the Pentagon greeted the onset of 2016 as a ‘banner year’, a glorious turning point in the quest for malleable regimes willing to sell-off the most lucrative economic resources, to sign off on onerous new debt to Wall Street and to grant use of their strategic military bases to the Pentagon.... Read More
Introduction: The class struggle from above found its most intense , comprehensive and retrograde expression in Argentina, with the election of Mauricio Macri (December 2015). During the first two months in office, through the arbitrary assumption of emergency powers, he reversed, by decree, a multitude of progressive socio-economic policies passed over the previous decade and... Read More
Introduction: Democratic critics of military seizures of power commonly refer to them as military coups.They adopt a very narrow and misleading conception of what is taking place. Likewise, human rights activists and progressive analysts who conceptualize the reign of violence which follows, a ‘coup’ as state terror fail to take account of the systemic forces... Read More
It started in April with a rash of deals between Argentina and Russia during President Cristina Kirchner’s visit to Moscow. And it continues with a $53 billion investment bang as Chinese Premier Li Keqiang visits Brazil during the first stop of yet another South American commercial offensive – complete with a sweet metaphor: Li riding... Read More
Introduction: A recent article by Jorge Elbaum, the former executive director of DAIA (Delegation for Argentine Jewish Associations), the principle Argentine Jewish umbrella groups, published in the Buenos Aires daily Pagina 12, provides a detailed account of the damaging linksbetween the State of Israel, US Wall Street speculators and local Argentine Zionists in government and... Read More
Introduction: On October 23rd of this year, President Cristina Fernandez won re-election receiving 54% of the vote, 37 percentage points higher than her nearest opponent. The President’s coalition also swept the Congressional, Senatorial, Gubernatorial elections as well as 135 of the 136 municipal councils of Greater Buenos Aires. In sharp contrast President Obama, according to... Read More
AT THE PERITO MORENO GLACIER - "Desert and sterile" Patagonia (in Charles Darwin's initial assessment) boasts no less than 230,000 square kilometers of river basins flowing into the Atlantic. It holds 4,000 square kilometers of continental ice and glaciers - as well as one of the largest reserves of fresh water on the planet. We... Read More
IN THE BEAGLE CHANNEL - This is a place where men come to be shocked and awed. The discovery of Patagonia is still a work in progress. Patagonia may be an enigma wrapped in a riddle of glaciers, mountain lakes, forests and wind-beaten steppes - and as such is impervious to fiction; reality is infinitely... Read More
BUENOS AIRES - Larger than life football divinity Diego Maradona has promised that if Argentina, the team he manages, wins the World Cup in South Africa that kicks off on Friday, he will parade nude around the Obelisk in downtown Buenos Aires. Such a strip-tease special would surely amuse an exhausted "international community" dealing with... Read More
Between December 19-21, 2001 a massive popular rebellion overthrew the incumbent President De la Rua amidst the greatest street battles and highest casualties (38 protestors were assassinated) in recent Argentine history. Major demonstrations and street blockages took place throughout the rest of the country, in an unprecedented alliance between the unemployed, underemployed workers and a... Read More
I spent the month of May 2003 in Argentina visiting factories, working class suburbs, villas miseria ( impoverished housing of unemployed squatters ), lower middle class assemblies in the cities, social centers of the unemployed and universities, interviewing trade unionists, unemployed workers, student and faculty activists, human rights activists, film and video makers, the Madres... Read More
Throughout the early and mid-nineties, the international financial institutions (the International Monetary Fund and the World Bank), the regional financial institution (The Inter-American Development Bank) and the G-7 countries (North America and Western Europe) praised Argentina’s liberalization program as an economic model for the Third World. Then President Menem and his Economic Minister Cavallo promised... Read More
From 1992-1997, the World Bank Annual Report praised Argentina as the model country in the Third World. Washington and Brussels joined in the chorus of praise. The most prestigious financial newspapers (The Wall Street Journal, The Financial Times) editorialized on the thoroughness and effectiveness of the “economic reforms” carried out by the neoliberal Menem regime.... Read More
As far back as Gen. Juan Perón’s 1946?1955 presidency, the northwestern Argentine province of Jujuy could rely on state-run companies and protected industries such as tobacco and sugar. A symbol of Perón’s vision for the country was Aceros Zapla, a government-owned mining and steel company an hour east of the provincial capital, San Salvador de... Read More
A month ago, Argentina was a symbol of the disaster of the free market. Years of recession had driven unemployment to nearly 20 percent and pushed one-third of the population into poverty. And all President Fernando de la R?a and his hated economics chief Domingo Cavallo could offer was more austerity–slashed wages, layoffs, spending cuts,... Read More
The Argentinazo is the fourth and biggest popular uprising against authoritarian neo-liberal domination and political impunity. In 1982 the people and soldiers rose up to denounce the military following the Malvinas disaster. The result was the trial and conviction of the genocidal generals. The second major mobilization was against the threat of a military coup... Read More
Pablo and Diego were running down the avenue past the crowds rushing in and out of the supermarkets and electronic stores. A column of young people were marching up the avenue singing, � Ya se acerca nochebuena Ya se acerca navidad Pero el pueblo esta en la calle Y el gobierno ya se va? �... Read More
This account is based on a variety of stories told to me by various friends and companeros who were active in the Argentinazo. DEDICATED TO THE MADRES DE LA PLAZA DE MAYO I am indebted to them for their time and confidence in sharing their experiences and personal observations. No doubt this account will be... Read More