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Government Officials Admit to ECONOMIC False Flag Operations

Government Officials Admit to ECONOMIC False Flag Operations There Are Economic – As Well As Military – False Flag Attacks False flag attacks don’t just involve physical deaths and wars … They also involve faked economic events and financial casualties. For example, two officials of the International Monetary Fund said last month that they needed the threat of an imminent […]

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Angola Could Be OPEC’s First Member To Fall

Angola Could Be OPEC’s First Member To Fall OPEC-member Angola, which is dependent on oil for 95 percent of its export revenues, is facing an urgent cash flow problem, and the only way out is external help as the dominoes start to fall. Angola has sought financial aid from the International Monetary Fund (IMF) to […]

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Schauble Throws Up All Over Mario Draghi: “The ECB Is Causing Extraordinary Problems”

Schauble Throws Up All Over Mario Draghi: “The ECB Is Causing Extraordinary Problems” Following this weekend’s snafu in which Spiegel said that Germany is considering suing the ECB if it launched QE, Mario Draghi reportedly made attempts to “mollify” Germany with promises that this won’t happen (it will) and that it was willing to meet […]

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Yanis Varoufakis Issues a Major Warning to the Greek People

Yanis Varoufakis Issues a Major Warning to the Greek People Varoufakis said that Schäuble, Germany’s finance minister and the architect of the deals Greece signed in 2010 and 2012, was “consistent throughout”. “His view was ‘I’m not discussing the program – this was accepted by the previous [Greek] government and we can’t possibly allow an […]

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IMF’s Christine Lagarde: “When The World Goes Downhill, We Thrive”

IMF’s Christine Lagarde: “When The World Goes Downhill, We Thrive”  When we wrote earlier that based on a leaked Wikileaks transcript, which the Greek government interpreted “as revealing an IMF effort to blackmail Athens with a possible credit event to force it to give in on pension cuts which it has rejected“, the article promptly went viral. […]

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Wikileaks Reveals IMF Plan To “Cause A Credit Event In Greece And Destabilize Europe”

Wikileaks Reveals IMF Plan To “Cause A Credit Event In Greece And Destabilize Europe” One of the recurring concerns involving Europe’s seemingly perpetual economic, financial and social crises, is that these have been largely predetermined, “scripted” and deliberate acts. This is something the former head of the Bank of England admitted one month ago when Mervyn King […]

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China Hard Landing Hits Electricity Consumption

China Hard Landing Hits Electricity Consumption Chairman of large power company slips, apparently. OK, we’ve heard the official story. China is transitioning from a manufacturing economy to a consumption-based economy. Consumers are king. They’re going to buy stuff. And that’s going to heat up the economy. Imports and exports have been plunging for months, but […]

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Emissions standstill boosts Paris hopes

Emissions standstill boosts Paris hopes Reduced coal use in China will have a positive impact on poor air quality. Image: V.T. Polywoda via Flickr The link between global economic growth and emissions growth has been further weakened as greenhouse gas levels show no increase for the second year in succession. LONDON, 18 March, 2016 – The world continued […]

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Confronting the Fiscal Bogeyman

Confronting the Fiscal Bogeyman BERKELEY – The world economy is visibly sinking, and the policymakers who are supposed to be its stewards are tying themselves in knots. Or so suggest the results of the G-20 summit held in Shanghai at the end of last month. The International Monetary Fund, having just downgraded its forecast for global growth, […]

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Lagarde – Wants to Raise Retirement Age & Taxes

Lagarde – Wants to Raise Retirement Age & Taxes Christine Lagarde remained at the IMF and one of three Troika members because she is a Socialist and on board with both raising retirement ages to cheat people out of what they planned and to raise taxes while closing all borders to the movement of capital. She […]

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Ukraine Collapse Is Now Imminent

Ukraine Collapse Is Now Imminent Via GEFIRA, Two years have passed since Yanukovich was deposed and, as it turns out, another ruthless clan of oligarchs has taken power. No wonder then that Ukraine is heading for a new wave of violence and chaos. Oligarchs are fighting each other, the IMF is pulling out of the country, […]

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The FX Mexican Standoff

The FX Mexican Standoff Theodor Horydczak Lincoln Memorial 1925 There has been quite a bit of talk lately over the need for a new Plaza Accord, something several parties saw happening during this weekend’s G20 summit in Shanghai -hence the term ‘Shanghai Accord’-. (On September 22, 1985 at the Plaza Hotel in New York City, France, West […]

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Here Comes The Red Swan And Other Reasons To Be Very Afraid

Here Comes The Red Swan And Other Reasons To Be Very Afraid The Red Chip casino took another one of its patented 6.5% belly flops last night. In fact, more than 1,300 stocks in Shanghai and Shenzhen fell by 10%—the maximum drop permitted by regulators in one day—–implying that the real decline was far deeper. This renewed carnage was the […]

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Why did Lagarde Stay at the IMF? To Increase its Global Power.

Why did Lagarde Stay at the IMF? To Increase its Global Power.  Christine Lagarde Managing Director of the International Monetary Fund spoke at the IMF Arab Fiscal Forum: Fiscal Policy and Growth in Abu Dhabi on February 22, 2016. Her message was clear – forget downsizing government or reforming anything, just raise taxes.  She opened the conference saying: “This […]

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The Evil Empire Has The World In A Death Grip

The Evil Empire Has The World In A Death Grip In my archives there is a column or two that introduces the reader to John Perkins’ important book, Confessions of an Economic Hit Man. An EHM is an operative who sells the leadership of a developing country on an economic plan or massive development project. The […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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