When Vladimir Putin was elected President of Russia in 2000, the nation owed $16 billion to the International Monetary Fund, and its debt to the Rothschild-controlled ‘’Paris and London Club Of Creditors’’ was over $36 billion.
Since then, at the same time as fully repaying these debts, Russia has written off a large part of the debt developing countries owed to it. In total, Russia has forgiven more than $100 billion in debt owed by developing countries (including Cuba, Iraq, North Korea, and much of Africa) over the past decade.
This is the REAL reason the global banking elite and their puppet governments in the West demonize Putin — Russia has effectively escaped the clutches of their rapacious hegemony and neo-liberal austerity doctrine, restored its own national financial sovereignty, and set the ‘dangerous’ precedent of unilaterally writing off unpayable or crippling debt.
Carthago delenda est.
Russia pays off balance of Soviet Union’s foreign debt
22 Aug, 2017
ALL WARS ARE BANKERS’ WARS (video) https://mpbondblog.wordpress.com/2013/11/01/all-wars-are-bankers-wars/
As events play out over the next year or two, a ”Labour Brexit” might just provide the best possible outcome.
It’s clear to me that if Britain somehow stayed in the EU under Corbyn it would sooner or later face similar punitive measures from the ”troika‘‘ that Greece under Syriza suffered (and continues to suffer). The EU remains essentially a neo-liberal / austerity economic project, and Labour, the largest political party in Europe, must now offer an alternative, based on radical reform of the banking system – the proposed National Investment Bank is a good start – and re-structuring of debt.
Who knows, the rest of Europe might then follow Britain’s lead….
“My view of the EU has always been, not that I am hostile to foreigners, but I am in favour of democracy. I think they are building an empire and want us to be part of that empire, and I don’t want that.” ~ Tony Benn
”I am against the Treaty of Rome which entrenches laissez-faire as its philosophy and chooses bureaucracy as its administrative method.” ~Tony Benn (Encounter, January 1963).
Debt forms the kernel of the modern State, and the new apparatus of repression.
The system of endless monetary debt, precluding forever all prospect of its discharge, is to be mankind’s crushing fate.
Now the aim of the State is to make the glance recoil disconsolately from an iron impossibility.
The Earth becomes a madhouse.
A Few Quotes on Banking : https://mpbondblog.wordpress.com/2014/01/10/a-few-qoutes-on-banking/
”Conceived in iniquity and born in sin”. ~ Sir Josiah Stamp, a Governor of the Bank of England back in the 1920’s, used these words to describe the modern banking system, but they apply equally to the origins of the EU.
”I am against the Treaty of Rome which entrenches laissez-faire as its philosophy and chooses bureaucracy as its administrative method.” ~Tony Benn ( Encounter, January 1963).
:The European Union. the corrupt and vicious neo-liberal Austerity Weapon of the financial / political elite — has been defeated in the UK — the first step towards its inevitable dissolution.
And yet the metropolitan so-called ”left” is furious. How dare the ”have-nots” put the house prices, foreign holidays and cheap au-pairs of the ”haves” at risk ?
Overwhelmingly it was the poor and powerless who made this historic step by rebelling in the only way they saw possible – NOT voting the way their privileged masters demanded. To quote Jeremy Corbyn today : ”Millions of voters have rejected a political establishment that has left them behind. Communities that have been hardest hit by government cuts and economic failure have voted against the status quo.” .
This result represents a war cry from the masses — a plague on all elites, left or right.
Well, it’s a start…..
What is needed now is a focused escalation to make the ruling class tremble. Not to allow racists and fascists to exploit this result, but to take, and keep, the political initiative.
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”The revolution is not an apple that falls when it is ripe. You have to make it fall.” ~ Ernesto ”Che” Guevara
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In any case, whatever your views on the referendum, the resignation of Posh-boy Pig-fucker is surely reason enough to celebrate !