.Executive Intelligence Review Online
Will Argentina Be First To Bolt from Bankrupt System?
by Dennis Small
June 23—In a decision written by Aristotelian idiot Justice Antonin Scalia, the United States Supreme Court on June 16 sided with the bloodiest of vulture funds, NML Capital and Aurelius Capital Management, in their effort to use American courts to gain discovery of all Argentine financial movements worldwide, in order to seize that country's assets in payment for defaulted bonds. The Supreme Court simultaneously upheld a lower court ruling by Federal Judge Thomas Griesa, that Argentina had to immediately pay $1.5 billion to NML Capital and other ``holdouts'' against Argentina's 2005 sovereign debt restructuring, and that Argentine assets anywhere in the world could be seized to execute that payment—including the $900 million that Argentina must pay on June 30 to its other creditors who renegotiated in good faith.
Argentina has repeatedly warned that such a ruling could lead to an overall default on its 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—precisely the deadly ``bail-in'' policy loudly trumpeted by the British Empire as its ``final solution'' to the bankruptcy that is sinking their system...
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  • Guest Commentary:
    On Eurofascism
    By Sergei Glazyev, an Academician of the Russian Academy of Sciences, and Advisor to the President of the Russian Federation. Glazyev made this article available for publication in the USA and Europe, before the June 7, 2014 inauguration of Petro Poroshenko as President of Ukraine.



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