Defying sheep syndrome seems to work. Brazil has overtaken the UK and thus has become the world’s sixth largest economy!
Reading the Economist and other western corporate media outlets one is made to believe that Argentine and Brazilian economies will stagnate this year and that economic growth will drop significantly due to declining demand on agriculture commodities etc. What you won’t read in mainstream corporate media is that due to economic shifts from west to east and north to south, and a subsequent declining European economy, Brazil has overtaken the UK and thus has become the world’s sixth largest economy.
LATAM not adhering to vulture finance system dictated by IMF, World Bank and Corporations
As for Argentina things look promising as well, despite the deliberate negative economic outlook prognosis published by corporate media who simply can’t accept that by defying the IMF, World Bank, Wall Street indoctrinated Global Eco – vulture finance system, still succeeded in achieving economic growth.
As mentioned numerous times on this blog, even if there is a decline in demand for agricultural commodities, Argentina will still continue exporting agriculture commodities and thus keep on stimulating its economy. Argentina has one advantage over most of other agriculture economies around the world, it still has vast amount of fertile land available, something which other agriculture commodity producing countries don’t have.
FAO: INCREASED FARM LAND PURCHASE BY FOREIGN INVESTORS IN LATAM
A prove as to what global impact Argentina’s agronomics have is the high number of foreign agriculture land ownership, the significance of which the current Argentine Government realized and subsequently passed a bill, restricting foreign land ownership. Interest in Argentine fertile farm land also has stirred the attention of the UN FOOD AND AGRICULTURE ORGANIZATION, FAO, who recently warned of intense land purchase in Argentina and Brazil for the production of food. The FAO warns that the region’s governments must find ways of ensuring that the process of land concentration, and land in foreign hands do not have negative effects for the food security and local economy.
According to the FAO there is a massive resurgence in the interest to invest in land in the region. It is much stronger than presumed be in terms of investment in land or the concentration phenomenon.
In ten years the value of land in Uruguay and Argentina increased seven-fold and a tremendous concentration process of land in Latin America. By giving away massive land to foreign entities Argentina is giving away the gold of the future: “WATER”. According to a study conducted by the UNEP - United Nations Environment Program, certain countries, including Argentina, bordering the Andes Mountains will be essential for world food export in the not too distant future, because of the combination of fresh water supply and fertile land in order to produce animal feed as well as crops.
Further prove is Saudi Arabia's largest dairy company announcing it was buying Argentine farm operator Fondomonte for 83 million dollars to secure access to a supply of animal feed. Fondomonte operates three farms in Argentina. The acquisition will give Riyadh-based Almarai Co. control of roughly 30,000 acres of farmland just ahead of the implementation of the foreign ownership of productive land bill, instigated by the Argentine Government to curb in foreign land ownership in Argentina.
Almarai said the deal is in line with Saudi’s policy of “securing supplies and conserving local resources”.In spite of its desert climate, Saudi Arabia for decades produced millions of tons of home grown wheat with the help of generous farm subsidies. It is now trying to wind down domestic production because of concern over dwindling water supplies.
WATER: THE COMMODITY OF THE FUTURE, even George BUSH junior realized the significance and bought land in ARGENTINA containing various fresh water wells!!!
In view of increasing water shortage, Argentina has the advantage to develop water export industry and ship water to Middle Eastern countries which suffer notorious water shortages. Oil-rich Gulf Arab nations have shown increased interest in buying farmland and other agricultural assets particularly in Argentina to ensure reliable food supplies. Even George Bush junior realized the significance of water and bought land in Argentina containing various freshwater wells!
NATURAL RESOURCES BALANCING ACT
Nevertheless it will need a fine balancing act by the current and future governments of Argentina when it comes to water related issues. On the one hand oil and gas extraction as well as mining are lucrative industries in Argentina, promising large revenues but require enormous amount of water and have devastating environmental impact on the country. On the other side, agronomics are also lucrative and also require water. To make the right choice will be difficult.
FOREIGN INVESTMENT IN FERTILE FARM LAND AND MINING INDUSTRY PROVES THAT INVESTORS ARE CONFIDENT WITH ARGENTINA’S ECONOMIC STRATEGIES
If the economic outlook was really as bleak as projected by Corporate Mainstream Media, and entities such as the IMF, World Bank etc. no country or corporation would invest strongly in farm land acquisition or natural resource extractions in Argentina and the rest of LATAM.
THE FEAR OF THE 1ST WORLDS RULING ELITE TO LOSE POWER AND INFLUENCE TO 3RD WORLD EMERGING ECONOMIES
In view of these facts it becomes evident as to why Corporate mainstream media such as the Economist, Wall Street Journal, to name but a few, try to portray a economic doomsday scenario for Argentina and other LATAM countries, because key players of 1st world nations fear to lose eco political influence to emerging 3rd world emerging economies.
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Posted by: Tukiyooo
LATAM ECONOMIC DOWNGRADING TACTICS BY CORPORATE MEDIA Updated at :
5:03 AM
Thursday, January 5, 2012
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