Tuesday, August 30, 2016

The Financial Times and Venezuela: From War in the Suites to Terror in the Streets


For the past ten years, the FT editorial pages have described China in economic crisis and heading for a fall, while in reality, the Chinese economy has grown at between eight and six percent a year.
For over a decade and a half, the FT editors claimed Russia under President Vladimir Putin presented an international existential threat to ‘the West’. In fact, it was the ‘Western’ armies of NATO, which expanded military operations to the borders of Russia, the US, which financed a neo-fascist coup in Kiev and the US-EU which promoted an Islamist uprising in Syria designed to totally undermine Russia’s influence and relations in the Middle East.
The FT’s economic gurus and its leading columnists prescribed the very catastrophic deregulatory formulas which precipitated the financial crash of 2008-09, after which they played the clownish role of “Mickey the Dunce” – blaming others for the failed policies.
The fearless FT scribes are currently leading a virulent propaganda campaign to promote the violent overthrow of the democratically elected Venezuelan government of President Nicolas Maduro.
This essay will identify the FT’s latest pack of fearless lies and fabrications and then conclude by analyzing the political consequences for Venezuela and other independent regimes.

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