Summary of Alfredo Jalife: Presidentes de M脡XICO al Servicio de EEUU y de la Globalizaci贸n Financiera| ARCHIVO馃寪

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In the YouTube video "Alfredo Jalife: Presidents of MEXICO at the Service of the USA and Global Financialization| ARCHIVO馃寪," the speaker discusses Mexico's vulnerability to the global financial crisis due to its heavy reliance on foreign banks and the impact of treaties like NAFTA and the Treaty of Free Coca铆na. The speaker argues that Mexico's economic woes are not solely due to the US crisis but rather the neoliberal model that has dominated for over 30 years, resulting in mediocre growth and the loss of Mexican agriculture to countries like Brazil. The speaker also accuses Mexican presidents, including Vicente Fox, of selling out national interests to the US and financial globalization through secret pacts and the controversial sale of Mexico's oil. The speaker criticizes the political class for their betrayal of the Mexican people and the lack of investigation into controversial cases like the Colosio assassination. Overall, the speaker expresses frustration with the neoliberal model and its ongoing entregas to big business.

  • 00:00:00 In this section of the YouTube video titled "Alfredo Jalife: Presidents of M脡XICO at the Service of the U.S. and Global Financialization| ARCHIVO馃寪," the speaker discusses the design of the global financial system as a grave crisis that Mexico and other countries are currently experiencing. The system, created by Wall Street and City banks, is unique in its use of invisible accounts and offshore financial havens, leading to piracy-like practices. The lack of government regulation exacerbates the issue, and Mexico, being the only country in the world with over 90% of its banking controlled by foreign or Anglo-Saxon banks, is particularly vulnerable. The crisis began with a financial crisis that affected the world as a whole, but Mexico, having already experienced financial instability, was hit harder when the economic crisis in the U.S. led to a decline in demand for Mexican exports, causing significant damage to the country.
  • 00:05:00 In this section of the YouTube video titled "Alfredo Jalife: Presidents of MEXICO at the Service of the USA and Global Financialization| ARCHIVO馃寪," the speaker discusses the connection between the US and Mexico through various treaties and pacts, specifically mentioning the Treaty of Free Coca铆na and the North American Free Trade Agreement (NAFTA). According to the speaker, these agreements led to the dismantling of Mexican banks and the entry of US petroleum into Mexico. He also refers to a secret pact between Cedillo and Fox regarding the petroleum deal. The speaker argues that Mexico's crisis is not due to the US crisis but rather the neoliberal model that has been in place for over 30 years, which has resulted in mediocre growth and a world dominated by economic powers like the US, Brazil, Russia, India, and China. The speaker insists that the macroeconomic model is not working for Mexico and criticizes the disappearance of Mexican agriculture, with Brazil becoming the world's leading agricultural power. The speaker also notes that the two models, while politically different, are economically and financially the same.
  • 00:10:00 In this section of the YouTube video titled "Alfredo Jalife: Presidents of MEXICO at the Service of the USA and Financial Globalization| ARCHIVE", the speaker discusses the alleged involvement of Mexican presidents in selling out national interests to the US and financial globalization. The speaker mentions the case of Vicente Fox and George W. Bush, implying that Fox was pressured into signing the Free Trade Agreement. The speaker also touches upon the secret treaties and the controversial sale of Mexico's oil, stating that these are disguises for the neoliberal model that benefits big business. The speaker criticizes the political class for their betrayal of the Mexican people and the country's interests, regardless of their political affiliations. The speaker expresses frustration over the lack of investigation into the Colosio case, while the US focuses on cases in other countries. The speaker concludes by stating that the neoliberal model, designed for big business and the ongoing entregas, is a permanent betrayal.

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