IMF: ’World Economy Could End as We Know It ...’
2013-02-27 0:00

From: The Daily Bell

Christine Lagarde: "2013 Will Be Make or Break" Christine Lagarde, managing director of the International Monetary Fund, cautioned at the World Economic Forum in Davos that Europe must continue to guard against a relapse in 2013. Speaking at an event honoring women leaders hosted by Credit Suisse in partnership with Newsweek and The Daily Beast, Lagarde was joined by Egyptian human rights activist Dalia Ziada, who discussed the challenges women face in the Middle East. "2013 will be a make or break year," Lagarde said. "2012 was tough. A lot happened in Europe, a lot happened in the U.S. and there is clearly a lot happening in Asia." – The Financialist

Dominant Social Theme: If we don’t make it in 2013, the world as we know it will disappear.

Free-Market Analysis: While this speech was made a while ago at Davos, we think it is worth noting as Ms. Christine Lagarde is enunciating a significant dominant social theme – that the West is surely destined to perish if savvy officials don’t make the proper decisions.

The West is in terrible trouble anyway, economically, most from the decisions of this self-appointed elite that has used central banking as a weapon of creative destruction. Having obtained the awesome power of money printing, elites printed too much of it, probably on purpose, and thus crashed economies first in the US and then in Europe.

Now, Ms. Lagarde indicates (and surely she will repeat this meme) that the same mechanism and leadership that brought us to our current situation are to be entrusted with critical decisions in 2013.


Read the full article at:

Related Articles
Argentina: In the Shadow of the IMF
The IMF and World Bank Use Arab Uprisings to Expand Control Over Nations
Iceland Was Right, We Were Wrong: The IMF
Ireland has done what the IMF wanted, but where is the reward?
The Guy Who Predicted the Eurozone Crisis 17 Years Ago
European Bank CEO Admits: "The Whole Thing Is Doomed"
Davos 2013: Green Governance To ’Save the World’
Davos: CEO of JPMorgan says you don’t need to know how banking works, it’s too complex to explain, just shut up and pay us.

Latest News from our Front Page

Norwegian school brutally kicks out students, reopens as immigration center
2015-11-25 1:46
A failing Norwegian school has brutally kicked out all of the students living there with just a few days notice to find somewhere else to live and study. It has now reopened as a reception center for immigrants. The school, called Waldorf, is in the Røyken municipality of Buskerud County. It had been failing for sometime, and was officially declared bankrupt ...
Why not hear about Islam from a woman who grew up as Muslim in the ME?
2015-11-25 1:52
Youtube description: She says: "I have reached a boiling point with these lies about Islam! Please share it, don't let me waste my breath....go to for a translation of the ISIS website along with other great articles and podcasts!" Source:
Funniest Moments of Illegal Migrants
2015-11-25 1:27
Youtube description: - Beginner picture: Macedonia - Disastrous migrant: Hungary-Serbia border (Serbian side) - Grateful migrants: Hungary (Budapest) - Border Control: Austria (Slovenian border) - Migrant actor: Hungary-Serbia border (Serbian side) - Intelligent migrants: Hungary-Serbia border (Hungarian arie) (The fence was built from the border 2,5meters, in Hungarian area) - Idiot migrant: Hungary (Bicske) Source:
Pew: 65% say the news media has a 'negative effect' on America
2015-11-25 1:55
More than six in 10 Americans believe that the news media, followed closely by Hollywood, has a negative effect on the country, according to a new survey. An extensive new Pew Research Center survey finds that 65 percent believe that the news media "has a negative effect on the way things are going in the country." Some 56 percent said the ...
Hostage situation reported in N. France, several suffer 'gunshot wounds''
2015-11-25 1:12
A hostage situation has been reported in the northern French town of Roubaix near the Belgian border. Several people have sustained gunshot wounds, Reuters reported citing medical sources. The area has been cordoned off by police, RTL reported, adding that gunfire can be heard. La Voix du Nord newspaper says the hostage takers are armed with Kalashnikovs. Witnesses told the daily that ...
More News »