ℝ𝔼𝔻 ℂ𝕆𝕃𝕆𝕊𝕊𝕌𝕊

  • 4 Posts
  • 269 Comments
Joined 9 months ago
cake
Cake day: February 27th, 2024

help-circle













  • Plenty of European normies don’t understand that their wealth and prosperity was only necessary to act as a bulwark against the USSR and leftist ideals. They were left with prosperity out of convenience since there was no reason to attack them after the illegal dissolution of the USSR.

    However in the Second Cold War, if the US needs to have a roaring economy at the cost of Europe, Canada and other prosperous allies, then it shall be done. Just like Mexico and Japan were growing too quickly for the US’s comfort and had to be quelled.

    People forget that in the 60s and 70s Mexico’s economy was growing by leaps and bounds, even in Mexico this has been memoryholed. In the 70s as the US abandoned the gold standard, the US forced Mexico to sign up to the disastrous Petrodollar Recycling Scheme which basically allowed their government to spend freely by exchanging future barrels of oil for US dollars (in exchange for ONLY holding US dollars as their reserve currency). Even the corrupt PRI knew this was a disaster waiting to happen and demanded that future barrels of oil traded for dollars would maintain their value at the moment they were swapped out and not change based on the value of the barrel of oil in fluctuations.

    But the US refused. That meant that when Mexico borrowed (they called it a swap but it wasn’t) $100 when barrels of petrol were $100 it would be fine, but when the barrel of oil dropped to $50 they would get a new bill added to their debts. Supposedly if the price of oil went back again, they’d get the difference, but not as cash, but as an IOU.

    When the commodity prices collapsed, Mexico was in too deep with the US and they “solved” that issue with IMF loans, in exchange for “restructuring their economy to sound economic policy” aka neoliberalism. This then caused the disastrous 1982 crash and then were forced into signing NAFTA which annihilated them.



  • Many Israelis feared and continue to fear a two-state solution because the Palestine “territories” wouldn’t be crushed and could self-govern. That would terrify the “Israelis” that the nation needs the most to thrive economically: the tech sector, the university professors, the doctors, lawyers, judges, engineers, diplomats, etc. both keep the economy going, are also the ones who have the easiest pathway to flee. People tend to forget that the reason that Ian Smith’s White Minority Rule coalition lost in the elections was not because the white Rhodesians all of a sudden grew a heart and decided to help liberate the poor oppressed black Zimbabweans, but because the African Bush War had decimated Rhodesia’s economy due to a massive brain drain. All of these people left and the average white Rhodesian hated black people but was willing to vote for anything to stop the bleeding. If anything farmers refused to give up the racist fight even after the whites in government had agreed to end the white minority rule, these farmers told the new government that the natives would have control of their farms “over my dead body!” and they obliged.