Of course she get’s it, she wrote the book on it, but no one articulates the swindles brewing in Europe, under the looming shadow of the Copenhagen Summit better than Ellen Brown. Her perspective is a global one, much needed to understand the current progress of globalism, as it advances to crush the concept of the Sovereign Nation-State. Some excerpts from her latest must-read article:

Dozens of countries have defaulted on their debts in recent decades, the most recent being Dubai, which declared a debt moratorium on November 26, 2009. If the once lavishly-rich Arab emirate can default, more desperate countries can; and when the alternative is to destroy the local economy, it is hard to argue that they shouldn’t. That is particularly true when the creditors are largely responsible for the debtor’s troubles, and there are good grounds for arguing the debts are not owed. Greece’s troubles originated when low interest rates that were inappropriate for Greece were maintained to rescue Germany from an economic slump. And Iceland and Latvia have been saddled with responsibility for private obligations to which they were not parties.

Standing up to the IMF is not a well-worn path, but Argentina forged the trail. In the face of dire predictions that the economy would collapse without foreign credit, in 2001 it defied its creditors and simply walked away from its debts.  By the fall of 2004, three years after a record default on a debt of more than $100 billion, the country was well on the road to recovery; and it achieved this feat without foreign help. The economy grew by 8 percent for 2 consecutive years. Exports increased, the currency was stable, investors were returning, and unemployment had eased. “This is a remarkable historical event, one that challenges 25 years of failed policies,” said economist Mark Weisbrot in a 2004 interview quoted in The New York Times. “While other countries are just limping along, Argentina is experiencing very healthy growth with no sign that it is unsustainable, and they’ve done it without having to make any concessions to get foreign capital inflows.”

Where Argentina broke ranks with the IMF, however, Turkey followed its advice at every turn. The end result was that Argentina bounced back, while Turkey is still in financial crisis. Turkey’s reliance on foreign investment has made it highly susceptible to the global economic downturn. Argentina chose instead to direct its investment inward, developing its domestic economy.

Remember what we said about “failure” being in the eye of the beholder many posts ago, and now taken in the context of  “25 years of failed policies”. Such failed policies are actually great triumphs for the global debt peddlers, just as banks that were too big to fail never failed at all, but rather evinced a 12 trillion dollar bailout victory.

Such is the historical evidence, present proof and predicted path of the Globalist agenda in Europe, to be followed by the North American Union doctrine for the soon to default United States. And yet the solution is so simple, so within our grasp.

If Argentina can stand up against the Fascist Oligarchy, surely the United States can, even if only by one single State at a time. And as Europe’s destiny tilts toward the New World Order of Global Fascism, that time is clearly NOW.

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