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: thedailybell.com



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

4 beheaded in Saudi Arabia less than a week into King Salman's rule
2015-01-30 3:13
Comment: So when will the the "Human rights" promoting liberal west elite decide invade Saudi Arabia like they did Libya? Members of Magic Movement stage a mock execution scene in protest of Saudi Arabia beheading of eight Bangladeshi workers in October 2011. Four people have been executed in Saudi Arabia less than a week after 79-year-old King Salman assumed power following the ...
Swedish Office Block Pushes Microchips on its Staff
2015-01-30 2:12
Sweden is heading over the cliff in multiple areas, all at once. They are pushing the abolition of cash, run amok state feminism, gender war, pacification of the police and perhaps even more frightening: open borders. A policy that have given the country a "gold medal" in asylum seeker acceptance. Run away
Charlie Hebdo: Where Neocons, Zionists, Masons and Communists Converge
2015-01-30 1:20
Charlie Hebdo, raising the banner of revolt, has always regurgitated precisely what the “system” required. Charlie Hebdo (CH) came out of the New Left milieu of the 1960s and is a product of the 1968 revolt against President Charles de Gaulle. It happens that the most famous of the New Left revolts came at a time when (1) the CIA was ...
The Liberation of Auschwitz
2015-01-30 0:12
This article is perhaps a day late, but it will be some time before talk of the Holocaust subsides in the mainstream press, especially now that we are to have a vast new Holocaust Memorial Centre built with £50 million of taxpayers money in central London, to replace the rather unimpressive one that already exists in Hyde Park. In the various ...
Facebook’s New ‘Chinese-style’ Political Censorship System Goes Global
2015-01-29 4:35
Last week 21WIRE reported on Facebook’s new communitarian policy whereby readers can ‘flag’ content as “fake news” if they believe it’s not real, or if they do not like it. In the wake of the Charlie Hebdo False Flag event, the social media giant is now allowing governments to determine what is ‘good free speech’, and what is not. “An article ...
More News »