For days, the Greek leader has been working the phones, trying to secure the best possible terms for his country as it enters the last mile of its seemingly endless cycle of bailouts. So far, his efforts have won him more mockery than respect — especially in Germany. “He keeps calling the whole time, and […]
IMF REPORT: U.S. Corporate Debt Could Be Trump’s Waterloo…
As U.S. equity markets continue to price to perfection a grab bag of promised corporate giveaways from their Best Forever Friend, President Donald Trump, a group of researchers at the International Monetary Fund (IMF) had the temerity to ask last month – what could possibly go wrong. In their April 2017 “Global Financial Stability Report,” […]
IMF Tells Governments How to ‘Subvert’ Public Resistance Against Elimination of Cash…
The International Monetary Fund (IMF) in Washington has published a Working Paper on “de-cashing”. It gives advice to governments who want to abolish cash against the will of their citizenry. Move slowly, start with harmless seeming measures, is part of that advice. In “The Macroeconomics of De-Cashing”, IMF-Analyst Alexei Kireyev recommends in his conclusions…
Venezuela Dissolves Only Non-Socialist Part Of Its Government…
Venezuela’s socialist government stripped its congress of power late Thursday in what opposition leaders are calling a coup. Venezuela’s Supreme Court ruled that all powers vested under the legislative body will be transferred to the country’s highest court. Venezuela’s opposition legislators are calling this a coup, as the ruling effectively cedes total control of the […]
Even After Being Found Guilty, IMF Board Expresses “Full Support” In Christine Lagarde…
Despite Christine Lagarde’s conviction earlier on Monday for failing to overturn a 285-million euro payout to a businessman in an arbitration case while she was France’s finance minister nearly a decade ago…the Executive Board of the IMF decided that her transgression was not too extensive, and reaffirmed its full confidence…
New Zealand’s Outgoing PM Ideal Candidate to Head International Monetary Fund…
Outgoing Prime Minister John Key has been tipped as a potential candidate to head the International Monetary Fund, an appointment signed off by US President Barack Obama…Lagarde, current IMF Dir, has been ordered to stand trial in France over what became known as the Tapie Affair…
Phony ‘Corruption’ Excuse for Ukraine Coup by Robert Parry…
The U.S.-backed “regime change” in Ukraine — launching the New Cold War with Russia in 2014 — was rationalized by the need to rid Ukraine of corruption, but post-coup officials are busy lining their pockets…
SDR World Order by James Corbett…
The IMF is formally adding the Chinese renminbi (aka the yuan) to their “Special Drawing Rights” basket on Saturday, October 1st. The move boosts the yuan to the status of global reserve currency alongside its basketmates, the pound, the euro, the yen and the dollar…
Watch This Outstanding Video on the History of the U.S. Monetary System…
You better believe they will ABSOLUTELY NOT teach this in school! It’ll become painfully clear why. There is NO DOUBT: If THIS house of cards falls, the entire world will feel the catastrophic effects!…
G20: Revamping Global Economic Governance…
When the Group of 20 (G20) leaders gather in China seeking a remedy for sluggish global economic growth, something equally consequential will also be on the table: revamping global economic governance…