Anwar financed by Soros to destory Malaysia economy in 1997

The Case of Malaysia
by Alexandra Perebikovsky

1.Soros financed a large portion of this hot money. He began his attack on the Thai and Malaysian currencies in February of 1997 “with a zeal I haven’t seen since the successful assault on several European currencies around three years ago” according to one analyst.

2 Through speculation in futures markets, Soros’ Quantum Fund leveraged $1.2 trillion. He took short positions against the Thai baht, the Philippine peso, the Indonesian rupiah, and the Malaysian ringgit, sending these currencies falling by 40-70%, collapsing stock markets, and wiping out currency reserves. The breaking point was in July of 1997 when the Thai baht was forced to float, with greater than 20% devaluation, after the government had unsuccessfully
spent over $15 billion trying to defend the currency. The IMF austerity conditions imposed on these nations following the collapse drove their economies back 15-20 years in their potential for development and their standard of living.

3.On September 20, 1997, Malaysian Prime Minister Tun Dr. Mahathir Bin Mohammed stood before the IMF and defi1antly spoke out against the looting  policies of the British Empire:

“We in Malaysia laughed at the suggestion that our country  would follow the fate of Mexico. . . . But now we know better. We know why it was suggested that Malaysia would go the way of Mexico. We know now that even as Mexico’s economic crash was manipulated and made to crash, the economies of other
developing countries, too, can be suddenly manipulated and forced to bow to the great fund managers who have now come to be the people to decide who
should prosper and who shouldn’t.”

4.Dr. Tun Dr. Mahathir launched his own attack against speculator George Soros, calling him a “moron.”

5.In September 1998, Dr. Tun Dr. Mahathir shocked the world by declaring sovereign currency controls on the Malaysian ringgit, pegging their currency to a fixed exchange rate against the dollar, and thereby effectively ending the speculators ability to loot the country through currency speculation.
Soros, and the entire western financial oligarchy, went berserk, claiming that Dr. Tun Dr. Mahathir’s actions against IMF orthodoxy would bring damnation down upon his country. In fact, as was later obvious to all, his defense of the nation’s sovereignty saved the population from the devastation suffered by every other nation that had been subjected to Soros’ butcher knife.

5.Following Malaysia’s break with globalization, London launched an even nastier operation to create an internal crisis in Malaysia. Anwar Ibrahim was the deputy prime minister and chosen heir to Tun Dr. Mahathir; he became the target to carry out the Empire’s brutal operation.Anwar was later kicked out of his post as deputy prime  minister because he “lacked the moral standards required” to lead the nation. Financed by Soros and his cronies through the Open Society Foundation, Anwar pro-ceeded to launch a campaign to bring down the government of Malaysia. He portrayed himself as a freedom fighter and champion of free market society, denouncing the new government’s protectionist economic policies and accused them of carrying out a conspiracy to destroy him. Meanwhile, Soros’ Human Rights and Open Society organizations played their part in labeling Tun Dr. Mahathir as the “last of the old-line Asian authoritarians” and showed Anwar as the “reformer” trying to free the people of Malaysia. The western media, including the Wall Street Journal, continued to fuel the turmoil in Malaysia, saying: “The sacking Wednesday night of Malaysian Deputy Prime Minister Anwar Ibrahim signaled the end of a battle for the soul of an important
nation. . . .

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