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Tag Archives: international monetary fund
From the Notebook: Killing All the Birds With One Pile of Gold
From the Notebook: Killing All the Birds With One Pile of Gold French President Emmanuel Macron, whose poll numbers are abysmal and needs a sincere shot in the arm, just gave away the plot with his outside voice. I’ve noticed this trend within The Davos Crowd in recent months, speaking with their outside voice what they only […]
Gates & Schwab Control Europe
Gates & Schwab Control Europe I have warned from the outset that the entire COVID Pandemic has been created. The idea of COVID Passports is to reduce travel to cut CO2. Ursula von der Leyen, the head of the EU, was also a board member of the World Economic Forum. So is the head of […]
Has the IMF become a Fascist Organization?
Has the IMF become a Fascist Organization? The entire world of economics has been abandoned without actually admitting it has failed. Even the International Monetary Fund (IMF) is throwing in the towel without actually admitting its policies have totally failed. The IMF was the bastion of Keynesianism, supporting economic Neoliberalism. Of course, the head of […]
The Markets in Light of the Chaos
The Markets in Light of the Chaos When we look around the world the final say in every election is always the vote of capital – which is international rather than confined to local politics. Biden has already shut down the pipeline from Alberta which will only be symbolic for whatever substitute will mere be […]
‘Spend as much as you can,’ IMF head urges governments worldwide
‘Spend as much as you can,’ IMF head urges governments worldwide MOSCOW (Reuters) – Policymakers worldwide should embrace more spending to help revive their stuttering economies, the head of the International Monetary Fund said on Friday at Russia’s annual Gaidar economic forum. Managing Director Kristalina Georgieva did not give any specific economic forecasts, but made […]
Dear Governments, Spend as Much as You Can
Dear Governments, Spend as Much as You Can This week we heard further details about more trillions in upcoming spending and even changing monetary issuance laws (for CBDCs) worldwide. The International Monetary Fund (IMF), what critics might call a supranational leveraged buyout bank, was out this week making calls for governments worldwide to spend as […]
Uprising Against BigTech?
Uprising Against BigTech? Many are calling it the time to revolt against BigTech. Instead of using Google for searching, which is tracking everything you do, perhaps switch to DuckDuckGo. I would NOT post any personal information on Facebook. Just look at the agenda of the IMF — they will look at everything in the future which is why BigTech is […]
The IMF Chief Economist Sees a Threat to World Economies From a Liquidity Trap
THE IMF CHIEF ECONOMIST SEES A THREAT TO WORLD ECONOMIES FROM A LIQUIDITY TRAP In the Financial Times from November 2 2020, the IMF chief economist Gita Gopinath suggested that world economies at present are likely to be in a global liquidity trap. Gopinath has reached this conclusion because the yearly growth rate of the […]
Belarusian President Claims IMF & World Bank Offered him a Bribe to Impose COVID Restrictions
Belarusian President Claims IMF & World Bank Offered him a Bribe to Impose COVID Restrictions Belarusian President Aleksandr Lukashenko said last month via Belarusian Telegraph Agency, BelTA., that World Bank and IMF offered him a bribe of $940 million USD in the form of “Covid Relief Aid.” In exchange for $940 million USD, the World […]
Recovery or Renewal? Time for an economic rethink
Recovery or Renewal? Time for an economic rethink A recent study of long-term fluctuations in economic growth published in Nature Scientific Reports suggests both danger and opportunity in the emerging debate about post Covid-19 economic recovery. In this blog, Craig D. Rye and Tim Jackson outline their findings. The International Monetary Fund (IMF) expects the global economy to […]
Chinese Debt Could Cause Emerging Markets to Implode
CHINESE DEBT COULD CAUSE EMERGING MARKETS TO IMPLODE The novel coronavirus has brought the world economy to a grinding halt. Global growth is set to fall from 2.9 percent last year into deep negative territory in 2020—the only year besides 2009 that this has happened since World War II. Recovery will likely be slow and […]
When Economic Depression Follows Pandemic, No Time to Waste
When Economic Depression Follows Pandemic, No Time to Waste What the Bank of Canada and IMF see coming will demand bold stimulus. It is still sinking in that the end of the pandemic will not be the end of our troubles. On the contrary — we will likely see the end of the pandemic overlap […]
Worst Recession in 150 Years
Worst Recession in 150 Years The stock market had another big day today, spurred by the Fed’s massive recent liquidity injections. But you really shouldn’t be terribly surprised by the rally. Even the worst bear markets see substantial bouncebacks. And you can expect the market to give back all of its recent gains in the […]
“Worst. Recession. Ever.”
“Worst. Recession. Ever.” When Harry Met Comic-Book-Guy “Worst global downturn since the Great Depression” says the IMF. Actually, it’s potentially worse than that.We are seeing credible (initial) claims in the UK and US that millions/tens of millions are going to be unemployed – again taking us back to black & white memories of long queues of […]
Oil Tumbles After IMF Slashes Global Growth Forecast
Oil Tumbles After IMF Slashes Global Growth Forecast As if oil prices needed any more help on their downward spiral towards the teens, The IMF just slashed global growth to the worst since the ’30s. “This crisis is like no other,” Gita Gopinath, the IMF’s chief economist, wrote in a foreword to its semi-annual report. “Like […]
