Berto Jongman: IMF – Debt Crisis Looms

$3 trillion corporate credit crunch looms as debtors face day of reckoning, says IMF A poisonous “triad” of global risks is pushing the world to the brink of a new financial crisis, says stark IMF report “Three percent of global output is at stake”.

Jean Lievens: We Are All Greeks — And We Should All Oppose the IMF and EU “Jackboots” on Individual Economies

We Are All Greeks Now The referendum is the opportunity for Greeks to reject EU-IMF-German bullying. Greeks must stand firm against EU-IMF-German bullying, and the rest of Europe must stand with them.   . . . . .   EU, is a Big Business lobby group, nothing more. Common standards, open borders, free trade, common currency, trans-European highways, …

Penguin: South Africa Opts Out of Predatory IMF/WTO System

Joseph E. Stiglitz, a Nobel laureate in economics and University Professor at Columbia University, was Chairman of President Bill Clinton’s Council of Economic Advisers and served as Senior Vice President and Chief Economist of the World Bank. His most recent book is The Price of Inequality: How Today’s Divided Society Endangers our Future. South Africa …

Michelle Monk: Head of IMF Christine Lagarde in court charged with embezzlement and fraud

Christine Lagarde in court charged with embezzlement and fraud The head of the International Monetary Fund arrived in the dock of a Paris courtroom today as she braced herself to be formally charged with embezzlement and fraud. Christine Lagarde’s humiliation is not only a massive personal blow which could lead to her resignation, but one …

Eagle: BRICS to USA, World Bank, IMF — “Piss Off” — Meanwhile, South Africa & China Talk About All of Africa

BRICS Nations Plan New Bank to Bypass World Bank, IMF Bloomberg, 26 May 2013 The biggest emerging markets are uniting to tackle under-development and currency volatility with plans to set up institutions that encroach on the roles of the World Bank and International Monetary Fund. The leaders of the so-called BRICS nations — Brazil, Russia, …

Gold Transformer: Has US Stolen German Gold? Will This Break German Bank? Does This Make IMF Chicago Plan Revisited a “Must Do”?

Germany financial architecture is under stress. If Germany fractures, Euro is gone. Could the US alleged theft of 1500 metric tons of German gold be part of the problem? Could this make the IMF August 2012 working group memorandum on The Chicago Proposal Revisited a “must do”? 7 Nov 2012  Does Anyone Really Know How …