[Reader-list] Looter’s feast : The pillage of the USSR

[A. Mani]

Looter’s feast : The pillage of the USSR

\quote

In 1987 the external debt of the U.S. rose to $246 billion. On the 19
of October 1987, Wall Street crashed! Only a miracle could save the
U.S. in dire straits. And the miracle took place, and the its saviour
was Gorbachev.
Gorbachev, by saved the U.S. economy, by ruining that of the USSR.
Would you like to know how?
In January 1987 the restrictions on foreign trade were repealed. These
restrictions protected the domestic market of the USSR from collapse.
Without them the domestic market of the USSR – with its ridiculously
low prices for food and essential consumer goods, in comparison with
the foreign markets – could not maintain itself for a single day.
And all of a sudden, companies and individuals were authorised to
export overseas foodstuffs, raw materials, electronics equipment,
energy, chemical products, just about … everything!
It was as if a powerful hurricane had swept over the vast territory of
the USSR. In a moment it sucked outside the country all products of
value. Groceries and manufactured objects disappeared from store
shelves.

\unquote

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A. Mani


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A. Mani
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