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A Colossal Madhouse

This is what the G-20 meeting that started on November 11 in Seoul, the capital of the Republic of Korea, has been turned into.

Many readers, saturated with acronyms, may wonder: What is the G-20? This is one of the many miscreations concocted by the most powerful empire and its allies, who also created the G-7: the United States, Japan, Germany, France, the United Kingdom, Italy and Canada.  Later on they decided to admit Russia in a club that was then called the G-8.

Afterwards they condescended to admit 5 important emerging countries: China, India, Brazil, Mexico and South Africa. Then the group membership increased after the inclusion of the member countries of the OECD –another acronym-, the Organization for Economic Cooperation and Development: Australia, the Republic of Korea and Turkey. The group was also joined by Saudi Arabia, Argentina and Indonesia, and they all summed up 19.  The twentieth member of the G-20 was no other than the European Union.  As from this year, 2010, one country, Spain, holds the peculiar category of “permanent guest.”

Another important international high level meeting is taking place almost simultaneously in Japan:  the APEC meeting.

If patient readers bother to add to the former group the following countries: Malaysia, Brunei, New Zealand, the Philippines, Singapore, Thailand, Hong Kong, the Chinese province of Taiwan, Papua-New Guinea, Chile, Peru and Vietnam -all of them with a significant trade volume, with coasts washed by the Pacific Ocean waters- the result would be what is called the APEC: the Asia-Pacific Economic Cooperation Forum, and with that the entire jigsaw puzzle is completed. They would only need a map, but a laptop could perfectly provide that.

At such international events crucial international economic and financial issues are discussed.  The International Monetary Fund and the World Bank, with decision-making powers when it comes to financial matters, have their own master:  the United States.

It is important to remember that after the Second World War, the US industry and agriculture remained intact; those in Western Europe were totally destroyed, with the exceptions of Switzerland and Sweden.  The USSR had been materially devastated and scored huge material losses that surpassed the figure of 25 million persons.  Japan was defeated, in ruins and occupied.  Around 80 per cent of the world’s gold reserves were sent to the United States.

In a remote, though spacious and comfortable hotel at Bretton Woods, a small community of the US north eastern state of New Hampshire, the Monetary and Financial Conference of the recently created United Nations Organization was held from July 1st to 22 of 1944.

Fidel Castro Ruz

Read the full article… Reflections

Posted in World News

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