…a small group of financiers runs the rest of humanity,
a group known as ‘vulture funds,’
obtained debt instruments at absurdly low prices… (1)
¨the Argentine Senate passed by a vote of 39-27
the proposed bill for a new debt swap, that will take place
outside of U.S. jurisdiction.¨ (2)
What is going on?
On the one side, are the unscrupulous mega-speculators, whose greed is insatiable, and who are part of the Anglo-American-dominated imperialist grouping, those attempting to establish a world empire. Part of this is the 24/7 spying on citizens by the NSA and the GCHQ, as well as the Transatlantic Trade and Investment Partnership (TTIP), which would give all power to the multinationals and the “Too Big To Fail” banks, at the expense of the right of sovereign governments to protect the general welfare of their citizens. It also includes the eastward expansion of NATO and the EU, the strategy of encirclement of Russia and China, and the acute danger of a third, thermonuclear world war, which could wipe out the human race.
One of the hedge funds, NML Capital Fund, is demanding a payment of $832 million on the bonds it purchased in default at the scrap price of $48.7 million only six years ago — a profit of 1,608%! That would force Argentina into bankruptcy, and could very well trigger a systemic crisis of the global financial system. (…) Argentina has made it clear in an international advertising campaign, that it is paying and will continue to pay, but under conditions that do not kill off its own population and economy. (3)
Argentina Sues U.S. In World Court To Stop Vulture Fund TheRealNews
… this small group of vulture funds is endangering not only Argentina—because if it were only Argentina it might not matter much to the world, a country lost at the bottom of the South American continent wouldn’t matter much to them. But in reality what is at stake is the international financial system, and the international economic system more than the financial system.
Argentina has repeatedly warned that such a ruling could lead to an overall default on their debt. In point of fact, the ruling threatens to bring down the entire trans-Atlantic financial system in an orgy of predatory looting of nations, their populations, and their resources. (4)
In this life or death battle, Lyndon LaRouche said, Argentina:
“cannot capitulate, it cannot possibly. Uruguay has joined them—they’re going to block. We probably will have throughout the entirety of South America, more or less the totality is going to block. This is going to be an international block (…) Because Argentina cannot submit: it would become extinct (…) Most of South America realizes that. They must support Argentina. Not for the sake of Argentina, but for the sake of the entire continent.” (5)
Vultures Loss of Control Over Argentina Drives Them Wild
September 6, 2014