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Predictably, the IMF commits to continue funding the fascist government in Ukraine – even if they default. Not so with Greece’s populist government.
One week ago, we were stunned to learn just how low the political organization that is the mostly US-taxpayer funded IMF has stooped when, a day after its negotiators demonstratively stormed out of the Greek negotiations with “creditors”, Hermes’ ambassador-at-large Christone Lagarde said that the IMF “could lend to Ukraine even if Ukraine determines it cannot service its debt.”
In other words, as Greece struggles to avoid a default to the IMF on debt which was incurred just so German banks can remain solvent and dump trillions in non-performing loans to US hedge funds and Greek exposure, and which would result in the collapse in the living standards of an entire nation (only for a few years before an Iceland-recovery takes place, one which Greece would already be enjoying had it defaulted in 2010 as we said…
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This system will continue until it devours itself or we put an end to it. It always amazes me how the seven billion of us allow a few million psychotics to control and destroy us in this manner. It truly is The Mouse that Roared scenario.
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The good news is that the information age has enabled millions of people to become aware of the criminal corpocracy. Prior to the Internet the crimes of the ruling elite were virtually invisible.
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Absolutely. We were basically at the mercy of the local newspaper and tv news broadcast back then.
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They are unconscionable
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In my experience, most fascists are.
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Greece Imposes Capital Controls!
“According to Kathimerini, Greek banks will remain closed until at least July 6 and capital controls — which will limit the amount of money that can be withdrawn”…
http://www.businessinsider.com/greece-bank-holiday-2015-6
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I can’t believe it’s really happening. Let’s hope the referendum goes smoothly.
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What gets me is that the IMF have been doing this to African nations for years, but as soon as it’s a western country people come up in arms about it. I hope Greece do default and send a clear message to the IMF ‘enough is enough’. Check out Positive Money and also my posts:
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Great posts. I’m a big fan of Positive Money. We have our own branch here in New Zealand. Our economics issue group in the NZ Green Party is lobbying really hard to get the Party to adopt a sovereign money plank like the UK and US Greens.
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Yer the getting more and more exposure especially with the whole Greek problems going on.
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