Argentina Collapses
(RepublicanNews.org) – Argentina’s attempts to stop its currency from melting down have left its central bank broke, Bloomberg reported.
According to the consulting firm 1816 Economia & Estrategia, Argentina has already drained its liquid international reserves as well as another estimated $1 billion as the South American nation contends with impending recession and a historic drought.
Without cash on hand, there is some question as to how much longer the government can prevent the peso from collapsing, and a currency devaluation will likely fan 104 percent inflation while exacerbating social unrest ahead of the October presidential elections.
For decades, Argentina has struggled to build and maintain healthy levels of international reserves, running through available cash to fight rising prices and meet its obligations on overseas bonds.
While the country now has less than $34 billion in foreign reserves, the majority is currently locked up in less liquid assets like gold, credit lines with the Bank of International Settlements and China, and any US dollars Argentines have in savings. This is a problem for a country desperately in need of cash on hand.
Its liabilities in foreign currency already outpace total reserves by around $1 billion, the worst ratio since Argentina’s economic crisis in the early 2000s.
Over the weekend, Bloomberg reported that the country plans to unveil a series of emergency measures to curb additional currency losses, including an increase to its key interest rate.
Argentina’s monetary authority will raise its benchmark interest rate by 600 basis points to 97 percent while boosting intervention in the foreign exchange market, an official from the Economy Ministry said.
The government plans to obtain further international support to increase its dwindling international reserves by speeding up deals with Brazil and China through the BRICS (Brazil, Russia, China, and South Africa) group and the International Monetary Fund.
Poster Comment:
Chart at source.
Hitler escaped to Spain at the end of WW II. From there he went to Argentina. I know this from reading the books Gestapo Chief by Gregory Douglas.
And what makes you think the Gestapo would be unable to switch Hitler's dental records?
#1: NeoconsNailed To: BTP Holdings (#0)
NeoconsNailed posted on 2023-05-18 00:01:00 Reply Private Reply
#2: BTP Holdings To: NeoconsNailed (#1)
Indeed, Juan Peron was a Fascist. So what better place for Hitler to flee than to Argentina.
Otto Skorzeny, the former Austrian born Waffen-SS Obersturmbannführer (Lieutenant Colonel) who was deemed by the Nuremburg Tribunals to not have committed war crimes, moved to Spain and was running the movement to get escaped Nazis to Argentina. ;)
BTP Holdings posted on 2023-05-18 22:04:35 Reply Private Reply
#3: NeoconsNailed To: BTP Holdings (#2)
NeoconsNailed posted on 2023-05-19 10:05:27 Reply Private Reply
#4: BTP Holdings To: NeoconsNailed (#3)
Why do you think so many former Nazis fled to Argentina?
Otto Skorzeny was running the pipeline from Spain to Argentina.
As far as the skull that was in Russia, what makes you think the Gestapo would be so inefficient to not make sure dental records were switched?
The Germans were nothing if not methodical. ;)
BTP Holdings posted on 2023-05-19 20:15:51 Reply Private Reply
#5: NeoconsNailed To: BTP Holdings (#4)
en. wikipedia.org/wiki/Jua...%C3%B3n#Fascist_influence
NeoconsNailed posted on 2023-05-20 11:02:18 Reply Private Reply
#6: BTP Holdings To: NeoconsNailed (#5)
From the link:
"During his reign, Perón and his administrators often resorted to organized violence and dictatorial rule."
This sounds a bit familiar, doesn't it? Sort of like when the SA caused riots prior to Hitler becoming Chancellor of Germany. ;)
BTP Holdings posted on 2023-05-20 14:42:48 Reply Private Reply
#7: NeoconsNailed To: BTP Holdings (#6)
NeoconsNailed posted on 2023-05-20 15:40:37 Reply Private Reply
#8: BTP Holdings To: NeoconsNailed (#7)
You do know about the Beer Hall Putsch don't you?
And then there was Horst Wessel the first Nazi Party member to be killed during a demonstration. ;)
BTP Holdings posted on 2023-05-20 15:56:57 Reply Private Reply
#9: NeoconsNailed To: BTP Holdings (#8)
NeoconsNailed posted on 2023-05-20 20:24:56 Reply Private Reply
#10: Original_Intent To: BTP Holdings (#2)
Funded by your "friends" in DC.
Original_Intent posted on 2023-05-20 20:59:24 Reply Private Reply
#11: BTP Holdings To: Original_Intent (#10)
Hitler escaped to Spain. He did not commit suicide in the bunker in Berlin. Do you think the Gestapo would be so incompetent to not switch Hitler's dental records? He had a cousin that looked nearly just like him.
You need to read the Gestapo Chief books by Gregory Douglas. Heinrich Mueller escaped to Switzerland at the end of the war.
Hitler knew of his plans and gave him a briefcase with $50,000 Swiss Francs in it. He told Mueller, "This is the best I can do for you."
Mueller flew a spotter plane to a clearing near the Swiss border and crossed over.
U.S. representatives went there in 1948 to interrogate him. They asked about Hitler. Mueller replied, "You can try Spain." Then he added, "Perhaps the Russians can go to Barcelona and ask Franco about him. They might end up buried in an orange grove."
Then he told the Americans, "And if you went there you might end up in the next orange grove over."
Mueller was brought from Switzerland to the U.S. under Operation Paperclip, given a rank of Major in the U.S. Army and he played the piano for Harry Truman.
The reason Mueller was brought here was because his specialty was Soviet counter-intelligence. And we all know where the Soviet Union is today. ;)
BTP Holdings posted on 2023-05-21 11:44:00 Reply Private Reply
#12: NeoconsNailed To: BTP Holdings, Original_Intent, All (#11)
NeoconsNailed posted on 2023-05-22 10:32:25 Reply Private Reply
#13: Original_Intent To: BTP Holdings (#11)
I agree that the evidence points toward his not having committed suicide.
Based on my understanding of the evidence he went to Argentina via U-Boat.
This article presents some of the evidence:
rense.com/general47/refuge.h tm
Another one, which I haven't read yet, suggests that the real reason Patton was murdered was that he discovered the truth:
rense.com/general96/hitle...a-after-the-war-ended.php
Original_Intent posted on 2023-05-22 19:46:48 Reply Private Reply
#14: Original_Intent To: BTP Holdings (#11)
The reason's and the sick philosophies behind the Turd Reich have yet to be fully revealed. The Fourth Reich, which was and is, supported by Der Bushes, is trying to take over. Read Jim Marrs' books - Ruled By Secrecy.
An interesting video about what well could have happened. www.youtube.com/watch?v=Gw1hgOlHTD4
Original_Intent posted on 2023-05-22 21:06:58 Reply Private Reply
#15: BTP Holdings To: Original_Intent (#13)
This corroborates the evidence from the Gestapo Chief books by Gregory Douglas.
Heinrich Mueller escaped to Switzerland at the end of the war. U.S. representatives went there in 1948 to interrogate him. they asked him about Hitler. Mueller repled, "You could try Spain." Then he added, "Perhaps the Russians can go to Barcelona and ask Franco about him. They might end up buried in an orange grove." Then he told the Americans, "And if you went there you might end up in the next orange grove over."
They brought Mueller from Switzerland to the U.S. gave him a rank of Major in the U.S. Army and he played the piano for Harry Truman.
The reason Mueller was brought here is because his specialty was Soviet counter-intelligence. And we all know where the Soviet Union is today.
BTW, it would not be a big deal for the Gestapo to switch dental records to match up with the skull recovered by the Soviets. ;)
BTP Holdings posted on 2023-05-27 10:11:38 Reply Private Reply