Lenin Moreno: aka Neocon Moreno
A popular insurrection is unfolding against the adoption of sweeping IMF reforms imposed by the “centre left” government of President Lenin Moreno.
In March 2019, a 4.2 billion dollar IMF loan was granted to Ecuador.
“We are here to help you” says the IMF. Our objective is to help Ecuador “modernize its economy and pave the way for strong, sustained, and equitable growth.”
This loan agreement initiates a process of economic and social destruction. What is at stake is an engineered economic depression.
The Neocons in Washington are firmly behind the IMF’s deadly economic medicine.
Meanwhile, president Lenin Moreno, an alleged socialist and “Leninist” inspired by Russian Revolutionary Vladimir Lenin has fully endorsed the neoconservative agenda.
While President Lenin Moreno leads the centre-left Movimiento Alianza PAIS (Patria Altiva I Soberana), he is a “Neocon” in disguise, a US proxy: nicknamed President NeoCon Moreno. in Spanish Señor presidente Neo-coño Moreno.
Mike Pompeo and Moreno are buddies.
(image right, Quito, July 2019)
In Quito in July, Secretary of State Pompeo welcomed “new” relations with Ecuador. ” A new era has begun”, not to mention the arrest of Julian Assange by British authorities in April.
The IMF’s Deadly Economic Medicine
It’s the standard IMF economic medicine, the so-called “economic package” (paquetazo) imposed on indebted countries. It sets the stage for a major dislocation of Ecuador’s national economy.
Quite deliberately, the policies of the IMF are intended to impoverish an entire country, take over Ecuador’s oil economy. The IMF acts on behalf of Wall Street and the “Washington Consensus”.
While the IMF policy conditionalities are couched in technical jargon, the objectives are crystal clear (emphasis added):
The authorities’ measures are geared towards strengthening the fiscal position and improving competitiveness and by so doing help lessen vulnerabilities, put dollarization on a stronger footing, and, over time, encourage growth and job creation.[Nonsensical statement]
“Achieving a robust fiscal position is at the core of the authorities’ program, which will be supported by a three-year extended arrangement from the IMF. The aim is to reduce debt-to- GDP ratio through a combination of a wage bill realignment,