Search Results for “IMF” – Page 21 – Public Intelligence Blog

2011/12/282011/12/28

NIGHTWATCH: Financial Crisis Now a Crisis of Fundamentals

Europe: Updates. In an interview with a French daily on 25 December, International Monetary Fund (IMF) Managing Director Christine Lagarde stressed that Europe’s financial crisis is turning into “a crisis of confidence in public debt and the solidity of the financial system. Greece: According to an IMF source involved in discussions with Greece, the situation in …

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2011/12/222011/12/22

Chuck Spinney: Europe in Crisis Rule by Troika Spain and Hungary Next

Rule by troika by Serge Halimi Le Monde Diplomatique, December 2011 Former bankers Lucas Papademos and Mario Monti have taken over in Athens and Rome, exploiting the threat of bankruptcy and the fear of chaos. They are not apolitical technicians but men of the right, members of the Trilateral Commission that blamed western societies for …

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2011/12/222011/12/22

Mini-Me: The End of Money Part I

OCCUPY THE GLOBAL FINANCIAL SYSTEM – BREAKING NEWS RE THE 99% ACTIVATING THE NEW The first historic trades within the new financial system have taken place! The many global, independent trading networks all over the planet are rapidly connecting with each other, forming an infinitely expanding web of local and international commerce, exchange and trade. People have …

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2011/12/202011/12/27

Mini-Me: Iceland Breaks the Back of Western Banking

Pay attention, grasshopper. One day you will be able to think for yourself, and restore Of, By, and For…. Emphasis added. Why Iceland Should Be in the News, But Is Not By Deena Stryker An Italian radio program’s story about Iceland’s on-going revolution is a stunning example of how little our media tells us about …

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2011/12/18

Michel Bauwens: Michael Hudson on the crucial link between democracy and debt throughout history

I don’t know of a more crucial text to read in this epochal transition. Republished from Michael Hudson: “Book V of Aristotle’s Politics describes the eternal transition of oligarchies making themselves into hereditary aristocracies – which end up being overthrown by tyrants or develop internal rivalries as some families decide to “take the multitude into …

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2011/12/112011/12/11

Lynn Wheeler: Why Financial Systems Demand False Complexity and Ignorance…Corruption is Merely a Bonus

Financial Cryptography Where the crypto rubber meets the Road of Finance… December 11, 2011 Why (my, all) financial systems fail — information complexity I spent over a decade building the snappiest financial system around. In that time I pursued one goal of efficiency: reduction of complexity. This wasn’t only goodness in an angelic sense, it …

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2011/12/05

Steve Denning: Itemization of How We Blew Up the World

Lest We Forget: Why We Had A Financial Crisis Steve Denning Forbes, 22 November 2011 When a true genius appears in the world you may know him by this infallible sign, that the dunces are all in confederacy against him. Jonathan Swift It is clear to anyone who has studied the financial crisis of 2008 …

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