A Letter to the People of the Region Known as Argentina

[Editor’s Note: The following is from Tampa Bay TDV Correspondent, Edwin Barnes Tucker]

To the so-called government of the geographic region known as Argentina,

Long ago in the year 2001, people took to the streets in riotous protest of the government’s blatant economic mismanagement.  Having studied these events in great detail we can confidently tell you that excessive leverage and a stalled economy, corrupted from the top, caused these conditions.  In short, this nation state became unable to finance its out of balance fiscal condition through continued debt monetization.

What concerns us now can be summed up in the following two images.

First, your central bank is a cohert of an agent of a secretive banking cabal who will not be available to help you once they have finished devouring the assets of the Argentine nation-state. 

Second, and perhaps most troubling, the so-called leader of the Argentine central bank is openly telling you that she plans to follow the exact same path that led the region to the previous collapses.

Due to this, our firm has recently liquidated holdings of mining shares doing business in this beautiful region.  We can no longer be exposed to this government which has begun imposing nebulous taxation policies on productive enterprises; it creates too much uncertainty for us.  We are moving our capital to safer jurisdictions. 

Maybe you have dismissed our comments as unwarranted or ill-informed.  We are merely observing your choices from another hemisphere but our firm grasp of economic law gives us this prescient opinion.  How can we be so certain?  Only a criminal intent on protecting her own power even if it destroys the society that is deemed to have elected her would respond this way to outraged former shareholders of YPF, the private oil company that she barbarically seized.

This is not the end of our relationship.  Once private industry has been vanquished by this gang of criminals and they have debased the Argentine peso we will return to purchase land and resources which we will sell back mostly to the former owners at much higher prices.

Farewell but not goodbye.

Edwin Barnes Tucker is a full time investor and a staunch objectivist guided by logic, reason and experience. EB Tucker is a founding principal of KSIR Capital, LLC. The firm uses an objective macro economic thesis to narrow its focus onto sectors of capital markets where securities prices have overestimated risk. The firm seeks realization of profits as the marketplace slowly awakens to emerging conditions.  And, EB Tucker is editor-in-chief of The Kwan Box, a site designed to share market and socioeconomic commentary in the hopes that readers will awaken their ability to think objectively.

 

The Western social democratic states are disintegrating. As the debts mount and promises remain unfulfilled, we will see more governments following the lead of the Argentinian dicatators; seizing assets, depreciating currency and impoverishing their chatttel (citizens). It is never too late to separate yourself from the nation-state and denationalize your wealth. Subscribe to The Dollar Vigilante today to protect yourself from the fallout of the greater depression and the end of the world as we know it.

Source: http://www.dollarvigilante.com/blog/2012/4/27/a-letter-to-the-people-of-the-region-known-as-argentina.html

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This entry was published on May 6, 2012 at 10:44 am and is filed under Uncategorized. Bookmark the permalink. Follow any comments here with the RSS feed for this post.

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