September 15, 2023
“Milei The Destroyer” Greets “End Of World Economy As We Know It”
By: Sorcha Faal, and as reported to her Western Subscribers
A gobsmacking new Security Council (SC) report circulating in the Kremlin today first noting President Putin assessing: “As for the Americans, they don’t know how to do this tango themselves…The music is remarkable and the steps are beautiful, but the United States seeks to deal with everything from a position of power”, says this assessment was in direct response to socialist Biden Regime foreign policy official Secretary of State Antony Blinken using the phrase “it takes two to tango” to explain the absence of peace talks with Ukraine—a phrase uttered by Secretary Blinken after he proclaimed “the old world order is over” and declared: “One era is ending, a new one is beginning, and the decisions that we make now will shape the future for decades to come…Washington must preserve its leadership from a position of strength”.
As to the “new era” Secretary Blinken declared “is beginning”, this report notes, the fear-drenched just published Politico article “WTF Is Christine Lagarde Up To?” reveals:
The ECB president has sounded the death knell for the dollar and predicted the end of the world economy as we know it — does she know something we don’t?
Deep in the Wyoming wilderness last month, Christine Lagarde, president of the European Central Bank, stood before a large audience of elite central bankers and casually predicted the collapse of the international financial order.
Resplendent in red and black, she resembled a humanoid Lindor chocolate truffle — and though her warning was diluted by the usual impenetrable jargon, the subtext was sufficiently clear and dramatic. “There are plausible scenarios where we could see a fundamental change in the nature of global economic interactions”, Lagarde announced drily to the crowd, which was gathered for the annual central banker confab in Jackson Hole, Wyoming.
The assumptions that have long informed the technocratic management of the global order were breaking down. The world, she said, could soon enter a “new age” in which “past regularities may no longer be a good guide for how the economy works”. “For policymakers with a stability mandate”, she added with understatement, “this poses a significant challenge”.
A “new age”? — and coming from a member of that most dreary and unimaginative of the global technocratic-priesthoods, the central bankers?
The warning at Jackson Hole wasn’t even the first time Lagarde has fretted publicly about the fate of the international order of free markets, dollar dominance and globalization that she had a hand in creating.
While others have raised the issue, Lagarde has been outspoken. Just in April, she was the first major Western central banker to raise explicit concerns about the fragility of the greenback, whose international dominance she said “should no longer be taken for granted”.
In knowing that the “new era” of socialist Western colonial economic collapse was fast approaching due to their unsustainable debt used to finance unending global wars to maintain hegemony over the world, this report continues, President Putin, who has a Ph.D. in global economics, strongly urged Russian oligarchs to “stay home and keep your money in Russia” in 2018—on Tuesday it saw President Putin also warning: “Western countries are no longer safe for Russian businesses”—and today, Bloomberg News Service reported: “Wealthy Russians have started repatriating their assets from the European Union back to Russia…At least $50 billion has been pulled from Western countries since last year”.
With absolutely no Russian automobiles being sold in the United States, this report details, the socialist Biden Regime in its infinite wisdom imposed sanctions on all Russian automakers yesterday—nonsensical sanctions quickly followed by the news: “The United Auto Workers (UAW) union will go on strike against all of Detroit’s big three automakers at the same time for the first time in the union’s history, after General Motors, Ford, and Stellantis failed to reach a labor agreement with the union before their contracts expired Thursday night”—news now joined by articles appearing like “‘I Don’t Know What He’s Done’: In The UAW President’s Hometown, Autoworkers Lash Out At Biden” and “Major Business Group Blames Biden For UAW Strike”—all of which was followed by President Donald Trump posting the grim warning to American peoples: “Our country’s going to hell…Our country’s going down”.
Joining President Trump’s grim warning that “Our country’s going down”, this report notes, world renowned American economist CEO Stephen Jen of Eurizon SLJ Capital Limited just assessed: “The global shift away from the US dollar has increased tenfold since February 2022 compared to the previous 15 years…However, if we take into account changes in the value of the dollar, then, according to our calculations, we’ll see that the dollar share in foreign reserves has lost about 11% since 2016…This has fueled fear and anxiety in Beijing, but also in other emerging countries…Since the BRICS group of emerging economies – which presently comprises Russia, Brazil, India, China, and South Africa, but is due to add six new members next year – the economic power of the union has multiplied…Iran, Saudi Arabia, the United Arab Emirates, Argentina, Egypt and Ethiopia will officially join the group in January 2024…Taking purchasing power into account, the BRICS nations currently account for 32% of global economic output, compared to 30% covered by the G7 countries”.
With the South American nation of Argentina preparing to join the BRICS Alliance in January-2024, this report continues, this week it saw America’s most popular and trusted newsman Tucker Carlson traveling there to file his video report warning how “hyperinflation and reckless monetary policy could soon devastate the global economy”—a warning report Carlson joined last evening by releasing his interview with Javier Milei, who used the President Trump populist playbook to skyrocket from out of nowhere to become the heavily favored new president of Argentina when elections are held next month—an interview wherein Milei told Carlson: “Argentina is a country that has embraced socialist ideas…The rebellion always comes from the youth, and the youth found in me someone who spoke about free market, against the status quo…As a libertarian, we have unrestricted respect for the lives of others, rooted in the spirit of non-aggression, and in defense of life, liberty and property…The Pope plays politics…He has a strong political influence…And he has shown a great affinity for dictators like Castro and Maduro…I won’t do business with any communist!”—and Milei directly warned the American peoples: “Never embrace the ideas of socialism…The state does not create wealth, the state destroys it…The state can give you nothing, because it produces nothing…Never allow yourselves to be seduced by the siren song of social justice…Don’t get caught up in that terrible concept that where there is a need, there is a right”.
As proof that the entire socialist Western colonial fake news leftist media establishment fears and detests Javier Milei as much as they do President Trump, this report concludes, today it’s best exampled in the just published propaganda screed “Milei The Destroyer And Fear Of The Unexplainable”, wherein it fearfully screams:
There’s something off-putting about the Argentine intelligentsia’s response to Javier Milei’s surprise victory in the PASO primaries.
With the ultra-libertarian economist dominating the scene, the initial paralysis caused by the shock result appears to have been followed by a sense of inevitability and impending doom.
The country’s major decision-makers, known as the “círculo rojo”, are still scratching their heads, trying to figure out what went wrong with their favoured candidate.
The fear that Milei and his weird entourage of cosplayers, social media influencers, extreme-right “dictatorship deniers” and C-class corrupt political leeches generates has to do with a breakdown in the conditions of governability in a country that is in a fragile macroeconomic situation coupled with a decades-long decadence in democratic institutionalism.
Their panic and trepidation are not ill-founded.
First and foremost, it isn’t clear that the ultra-liberal economist with the crazy hair is fit to undergo the pressures of the presidency.
As explained last week in this column, one of Milei’s own fears is that his medical history is leaked to the press, which could confirm a preconceived notion that he is clinically insane.
Furthermore, he has a father-son relationship with his dogs, which are clones of his beloved Conan, all of which he can directly communicate with (allegedly) and considers to be his advisors in matters of macroeconomics, politics and foreign policy.
He’s been able to speak directly to God (apparently), who has given him the mission of becoming Argentina’s president, along with some of the leading (long dead) economists that ascribe to theories close to the Austrian school.
[Note: Some words and/or phrases appearing in quotes in this report are English language approximations of Russian words/phrases having no exact counterpart.]
September 15, 2023 © EU and US all rights reserved. Permission to use this report in its entirety is granted under the condition it is linked to its original source at WhatDoesItMean.Com. Freebase content licensed under CC-BY and GFDL.