Tag: international monetary fund
We are living during the greatest debt bubble in the history of the world, and our financial engineers have got to keep figuring out ways to keep it growing much faster than global GDP because if it ever stops growing it will burst and destroy the entire global financial system.
Attention all members of the global development community: there’s a new player in town. After almost three years of negotiations, senior officials from the world’s five largest emerging economies Brazil, Russia, India, China and South Africa — collectively known as the BRICS — finally unveiled Tuesday a new multilateral bank.
Karen Hudes worked in the World Bank legal department for more than 20 years and held the position of Senior Counsel. She was fired for blowing the whistle on corruption inside the World Bank. Ms. Hudes knows exactly what the global elite are after — total control. They are jockeying financial institutions and transnational corporations into position to dominate the planet.
By Sarah Jaffe (AlterNet.org) $21 trillion. That’s how much the world’s richest people are hiding in offshore tax havens worldwide. Or it may be more, as much as $32 trillion—the real amount is, of course, almost impossible to track. While governments slash spending and lay off workers, citing a need for “austerity” because of the […]
A sold-out crowd listened to Oliver Stone do Q&A last Wednesday night after a screening of “South of the Border” at the Aero Theater in Santa Monica, California. “South of the Border” is his most recent documentary film released in 2009 which deals with very controversial topics including Venezuela, Hugo Chávez and other revolutionary new leaders of […]