Argentina Bucks Banking Elite


Since debt repudiation in 2002 ~  IMF, foreign oil interests have been ousted ~ country has flourished.

In a telling rebuke of the international bankers,

Argentina has once again affirmed its economic independence by repudiating its debt and taking control of its domestic oil production

for the benefit of its own people.

Drawing the ire of the United States, the European Union and the World Bank,

the Argentine government nationalized its oil company Yacimientos Petrolíferos Fiscales (YPF),

in early May,

freeing the country’s economy from the international oil cartels.

The decision is the latest run-in between the populist government of Argentina and globalist forces

which seek to make it conform to a model of de-industrialization and high indebtedness.


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