But the excuse seems to be, it’s the new world order and I’d like to talk about the new world order. The new world order really is how we say a generic term. It’s an overhaul. It’s a description of the overhaul to go into the next stage. Let’s look back in history. We had a new world order in 1919, when the victorious allies, France, Britain, and the United States defeated the central powers. Germany, Austria, Hungary, and the Turkish empire. it was very politically centered, but they did get together in Paris, France, to plan out the new world order. And that sort of guaranteed that the conditions were so bad against Germany and the defeated powers that it guaranteed the second world war. But the important thing to at that at that time in 1919, to plan out the new world order they founded two organizations. The New York based Council on Foreign Relations and the London based Royal Institute on International Affairs also known as Chatham House. That new world order had achieved…
I have here a coin which is 1 Argentine peso. This will buy you, well it’ll hardly buy you a bus trip in downtown Buenos Aires. And yet if I were to go to 1970 – in 1970 this little coin would have purchased you Argentina 4 or 5 times after another. Why? Because since January of 1970, we have undergone 4 major monetary changes where they’ve knocked off zeros on our currency. Thirteen zeros to be exact. So this would be worth 10 trillion pesos from that time and 10 trillion pesos at that time would’ve bought you Argentina 3 or 4 times over. That’s inflation. Actually that’s hyper inflation. So when we hear about your inflationary concerns and everything, we’ve seen that, we’ve done that. We’ve been through the whole thing.
The never ending debt. Ever since Independence, almost 200 years ago, Argentina’s foreign debt has been a source of impoverishment and corruption and the biggest scandals. Since the first loan negotiated by Rivadavia in 1824 with the British bank Baring Brothers, the debt was used to enrich the Argentinean financiers, to control the finances, and empty the country of its wealth.