COMPLEMENTARY ANALYSIS Just as the pandemic helped Biden, in Ecuador, the crisis in Peru, and the rest of the countries in the region, help Andrés Arauz to be president.
The possibilities that the parties that are ruling countries like Brazil, Colombia, Peru, Chile have have been reduced. They face an unparalleled crisis, and since they were parties of the rich, they do not know how to endure uncomfortable situations.
The pandemic has hit most of the families that we have seen lose loved ones, friends, and relatives. Regardless of whether they have left or suffered to survive, this alerts us, intimidates us. It is an invisible enemy that can move the entire planet and human beings. Before the disease we seem nothing. This collapses us because they made us believe that as children of God, made in his image and likeness, we were invincible, immune, semi-gods owners of countries and continents.
Latin America and especially South America are being struck down by the pandemic, the economic crisis and this translates into the end of some presidents such as Añez in Bolivia, Vizcarra no longer doubting the possibilities that Bolsonaro will reach the end of his term are every day more remote, while governments such as Lenin Moreno and Piñeras are already living their agony.
This health crisis is complicated by an economic crisis that has enormous dimensions in three countries, Argentina, Venezuela, Ecuador and Peru.
In Argentina, the crisis comes from the Macri government and was triggered by so-called vulture creditors, such as Soros, the North American billionaire who bought bonds at the time when Argentina suffered the so-called tango effect, a bank failure in the 90s that led to a unstoppable devaluation of the Argentine peso, which put debt bonds at a very low price. The Kirchners solved a large part of the problem that consumed more than half of the state's resources to pay the debt, with the help of Venezuela and its petrodollars, lent by Hugo Chávez and the better prices of raw materials such as soybeans, meat wheat, which are the source of the highest income in the country. So when the debt bonds were at their worst they were bought by the Argentine Government, releasing most of the payment to creditors, and paying Venezuela, but Soros and others refused to sell the bonds that 15 years later gave them a thousand dollars of profit for every dollar invested. Cristina Fernández refused to pay these so-called VULTURE FUNDS, but Macri did so in exchange for receiving huge sums from the IMF, to maintain Argentina's three-five-year growth, but to pay the 12 billion dollars claimed by the Buitre funds. , I take
Adjustment measures that made basic services more expensive, reduced the population's purchasing power, this triggered a supply crisis and after that came the most impressive economic debacle in 20 years, finished off by the pandemic.
In Venezuela, the crisis is triggered after Obama declares Venezuela as a threat to the United States, and they seek the overthrow of the new president Nicolás Maduro, who succeeds Hugo Chávez. The mechanism was the same that was used to overthrow Allende and to accelerate the end of the USSR, this is what is called supply panic, eliminating the provision of mass consumption products such as toilet paper, sanitary napkins, or some processed food , or preserved. This produces a social madness as when the clients of a bank have suspicions of the bankruptcy of their bank and everyone comes to get their money, the people in Venezuela went to buy more than they needed, multiplying the shortage and panic. Then the government tries to expropriate these companies that caused the panic, which triggers the flight of capital and businessmen who fear privatization and thus the United States created the supply crisis, which in turn makes everything that leads to the fall of the currency more expensive. because it loses the ability to buy due to the increase in prices and continues a spiral that ended with the great Venezuelan emigration, which, added to the blockades of all kinds and the threat of a war with the United States, led Venezuela to the situation that suffocated it.
In Ecuador, the crisis is triggered because the Moreno government adopts IMF measures, which created unemployment, eliminated subsidies such as fuel, and this reduced public investment. the purchasing power of Ecuadorians, which hit producers and suppliers of goods and services, the pandemic, the fall in the price of oil and dollarization made everything worse and this favors Araúz who criticizes Moreno for his stupidities.
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