pull down to refresh

ahahahaha.
"Milei ... has announced plans to visit Beijing in January 2025, ... and said he was “positively surprised by China” – a stark contrast to his earlier rhetoric, in which he referred to China as an “assassin” state while vowing to prioritise relations with Western allies. ... In June, Beijing agreed to renew tranches of currency swaps worth 35 billion yuan (about US$5 billion) with Argentina’s central bank until July 2026. At the time, the government in Buenos Aires stressed that the measure would be “crucial” to managing the country’s balance of payments flows."
This is called "material reality asserting itself over ideology". The ideological alignment with the US gets you nothing, because the US has little to give. To survive, you need to know who holds the cards. And it's not the US.
And it's happened before. The US staged a coup in Peru to install one of the most despised leaders in the world - she has a 4% approval rating - to avoid the country's taking control of its resources. That government then turned around and made a deal with China to build the continent's largest trade port. In Pakistan, the US ousted Imran Khan when he got close to Russia and pushed the belt and Road. The coup government.. turned around and deepened the Belt and Road cooperation.
Eat shit, IMF.
this territory is moderated
Regarding the Peru bit, are you sure?
Dina Boluarte was Castillo's own vice president. As I recall, he was the one who tried to dissolve congress and got himself impeached... right?
And are you talking about the Port of Chancay? That deal was made in 2019, way before her time.
This probably reads as snarky but that's not my intent. Maybe you know something I don't.
What am I missing?
reply
Well, the President does have the right to dissolve parliament, in Peru, after 2 attempts to depose him through votes of no confidence. Castillo did just that just before the third attempt. The opposition (and some in his own party) said that was unconstitutional, as they were just attempts, which is a matter of interpretation and can go both ways, yes. Not that it matters as much, as legal interpretation is a question of power in the end, and it was use of power to change the government, orchestrated by the US as a rection to Castillo diverging from the vassal path in his policies. Which happened against wide public condemnation and uprisings, and the coup government is still one of the most detested in the world, so popular will it was not.
And yes, the contract was made before, but it was part of the coup plan to get in a new, pro-US government that would stop and stall the non-empire friendly policies. Whichis how this works, same in Pakistan, the BRI contracts were already in place, and here, too, the plan was that a new government would stall and reverse (much like, again, in Argentina with the swap programs). These coups are always means to stop a moving train, that's how they come up int he first place, as they're also a bit of a desperation play on the side of the empire.
Be that as it may, my point, in the end, was another one: that in spite of installing pro-empire leaders, the countries don't crawl back under the canopy of empire, because material, financial reality makes it suicidal to do so.
Something germany hasn't learnt yet, by the way, it's in too deep (or up to deep, depending)
reply
Cuba 2.0 incoming!
But of course the US is way weaker now, so maybe it will be more like Venezuela...
reply
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.