tigercub
About the Brazilian situation

I have been seeing a lot of information about Brazil these days on italki: how there is a change of president and how there are political upheavals and many other problems. 

A lot of Brazilians are unhappy right now. 

If you want to understand what happened to your country, all you have to know is that your country has been IMF'ed. 

This has happened to many countries so far. 

Most recently (before Brazil) it happened to many European countries including EU countries, such as Ireland, Iceland, Greece, Spain, Italy etc. 

It also happened to Korea in the late 1990s in a big way and the repercussions are still being felt in Korea today. Coincidentally it looks as if the same thing is happening in Korea again. From what someone tells me, loans are getting easier to obtain and the economy is very shaky and it looks like it is headed for a big fall even though many people are optimistic about the economy and are spending freely. 

What being IMF'ed means is that you will lose a lot of your wealth of the country. You will have to sell off your abundant natural resources for pennies on the dollar. You won't have any choice. 

It is easy to know when a country is being IMF'ed. Suddenly there are many investment company ads seeking investors in the country. The economy of that country suddenly seems to be booming out of nowhere. Everyone is very buoyant about the economy. People feel at last the country's true worth is being realized and that's why people are  getting interested in that country and funds are pouring in for investment. 

All that is happening is that the country is being set up for being IMF'ed. The Brazilians did not take notice of the European situation and so they got carried away, were duped and now have to pay the consequences. 

I have no doubt that other countries are being set up for being IMF'ed right now even as we speak. 

The democratic system is a great way for people to do IMFing on countries. Politicians are always looking for wealthy backers. If they can show that they can increase funds flowing into the country which expands the economy - that is, make everything look good on paper including the economic stats - the people will easily vote for those politicians. It doesn't really matter that there are two parties vying with each other for power. This is just an illusion that people have a choice. Both parties are usually in the pay of these people. 

After a country goes into debt, it becomes a slave to the debt holders. The politicians and the people in effect enslaved themselves and brought about their own situation. 

Jun 8, 2016 8:02 AM