Below you'll find a list of all posts that have been tagged as “International Monetary Fund”
Investors, not interested in buying negative-yielding bonds (guaranteed losses if held to maturity) and fearful of speculating in equity markets, have pushed gold prices up over 25 percent this year while pushing gold coin sales for the second quarter up 72 percent year to date. Global master forecaster Gerald Celente tells you why. Learn more at Trendsresearch.com
How long will this go on? How long will we see the photographs of a Mr. Tsipras and his Finance Minister in despair. Yet the blood-letting continues. Already new austerity measures are being projected for 2018 – between 5.4 billion EUR asked by Europeans and 9 billion EUR requested by IMF – and the securing of the Greek debt sustainability through …
The International Monetary Fund’s top staff misled their own board, made a series of calamitous misjudgments in Greece, became euphoric cheerleaders for the euro project, ignored warning signs of impending crisis, and collectively failed to grasp an elemental concept of currency theory. This is the lacerating verdict of the IMF’s top watchdog on the fund’s tangled political role in the …
Neoliberalism’s mantra of “privatizing everything in sight” and elimination, or cutbacks, of governmental programs, aka: austerity, especially public healthcare, is a death warrant for millions, maybe more than millions! Sure-fire, whenever private interests take control, or cut funding for public welfare programs, similar to what Democratic and Republican neoliberal advocates have consistently advocated ever since the 1980s, all hell breaks …
Last week a research wing of the International Monetary Fund came out with a report admitting that neoliberalism has been a failure. The report, entitled, “Neoliberalism: Oversold?” is hopefully a sign of the ideology’s death. They were only about 40 years late. As Naomi Klein tweeted about the report, “So all the billionaires it created are going to give back their money, …
Having successfully used the EU to conquer the Greek people by turning the Greek “leftwing” government into a pawn of Germany’s banks, Germany now finds the IMF in the way of its plan to loot Greece into oblivion . The IMF’s rules prevent the organization from lending to countries that cannot repay the loan. The IMF has concluded on the …
China is blowing an even bigger industrial-growth bubble, central banks are attempting to prevent a global shock, and, meanwhile, all eyes are on the US dollar for clues as to which way things will go. So says Worth Wray, Global Macro Strategist at STA Wealth Management, in a recent interview with Financial Sense, who also notes that we may just …
Antimicrobial resistance to antibiotics will present a greater danger to humankind than cancer by the middle of the century unless world leaders agree international action to tackle the threat, according to George Osborne. The British chancellor will tell a panel of experts at an IMF meeting in Washington that 10 million people a year could die across the world by 2050 …
The International Monetary Fund’s “World Economic Outlook” (WEO), released Tuesday in advance of this week’s semiannual meetings in Washington of the IMF and World Bank, gives a gloomy and fraught estimate of the state of the world economy, nearly eight years after the 2008 financial meltdown. The IMF has again downwardly revised its projection for global growth, the fourth straight …
Trillions of dollars of non-bank financial assets around the world are vulnerable to the effects of global warming, according to a study on Mondaythat says tougher action to curb greenhouse gas emissions makes sense for investors. Rising temperatures and the dislocation caused by related droughts, floods and heatwaves will slow global economic growth and damage the performance of stocks and bonds, …
