Pérez Esquivel sends letter to Obama with advice on how to 'avoid default'

Nobel Peace Prize winner Adolfo Pérez Esquivel sent a letter to US president Barack Obama, in which he offers some suggestions on how to leave an economic crisis behind in case of a financial default. 

The letter written by the local human rights activist was sent September 5th, and is titled “If the US defaults, Latin America will be there to help.”

Pérez Esquivel describes in the first paragraph the reason as to why he decided to contact Obama. “As the US, Europe, Greece and other countries of the so-called “first world” face a political, economic, and values crises, it is my intention to try and give you a hand from Latin America,” he said. 

He then continues to suggest providing him with the knowledge coming from “some experiences” that may help him, and recommends “creating ideas that help him move forward and learning the mechanisms imposed by the foreign debt that act as tools of domination."

He also blasts credit rating agencies, accusing them of creating “quakes” and “existential anguish” when they are about the release a country’s updated credit rating. 

The Nobel Peace Prize recipient assures he doesn’t understand how “capi-communist China is the US’ largest creditor,” and wonders “how the Asian nation will collect its dues.”

As a Latin American, Pérez Esquivel tries to “teach” his fellow Nobel Peace Prize recipient “the foreign debt game.” 

He then assures that if Obama “moves forward with that madness hoping it will resolve the deficit problem, it will be just like putting your head on the guillotine and pulling the lever at the same time. Please, dear Barack, don’t commit suicide.”

“Instead of fighting the poverty, hunger and unemployment in your country that reaches over 54 million people, you send millions of dollars to those who have more,” he stated. 

Pérez Esquivel also questions Obama’s decision to continue with his predecessor’s war on terror, started after the September 11th terrorist attacks.

“How much is the US spending on Iraq? How much are the bombs that your army and your allies drop in Libya, Iraq and Afghanistan?” he said.

“If all the millions invested in death were put together, how much more could your country do for its people and humanity? You could pay your domestic and foreign debts,” he concludes.