Friday , 29 March 2024

Tag Archives: IMF

The IMF & BIS Have Issued 16 Warnings Of An Impending Financial & Social Crash – Are you listening? (+5K Views)

For several years, and in particular the last 12 months, the IMF (International Monetary Fund) and the BIS (Bank for International Settlements) have been issuing warning after warning - as outlined below - that the biggest financial and social crash in history is coming. Are you listening? The warnings are all well thought out with cogent logic and are not to be ignored!

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Revolution Is Rattling At the Gates Of These 5 European Countries – Here’s How to Resolve the Situation

History has taught that the collapse of the pillar of prosperity in a society always leads to revolution - and revolution is now rattling at the gates of Greece, Portugal, Spain, Italy and France. Below is an 8-step rescue plan for the Euro and a proposal to re-index all the European stock exchanges to dramatically improve the standard of living in the above mentioned countries.

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New BRICS Bank To Give IMF & World Bank Much Needed Competition

After two years of dogged wrangling, mainly to block China's ambitions for control, the new BRICS bank was announced as a reality at the sixth BRICS summit held in Brazil with the five BRICS leaders announcing that the new bank has been capitalized with $50 billion, with equal contributions from all five. While all this is a fairly small step, it remains a highly significant one.

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IMF’s “World Economic Update” & “Global Financial Stability” Reports Based on Questionable Optimism

The extremely optimistic assumptions on which both of the recent International Monetary Fund's 'World Economic Update' and 'Global Financial Stability Report' are based are such that, given all the attendant circumstances, I do not place much weight on either of them. Here is a summary of what the reports have to say and why I have come to that conclusion. Words: 625

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IMF’s Attempt to Use Spain’s Financial Woes to Increase Its Powers a Momentous Move – Here’s Why (+2K Views)

The International Monetary Fund wants the rules of the IMF changed so it can lend directly to banks and underwrite a rescue of the Spanish financial system without increasing Spain's government debt. If the IMF is permitted to do so, however, the banking system's control would pass to the IMF and such an increase in powers would be momentous. Here's why. Words: 755

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Save 1+ Hours! Read Campbell's Synopsis of, and Comments on, the IMF's 2012 World Economic Outlook

The International Monetary Fund has just released its 2012 World Economic Outlook, sub-titled 'Growth Resuming, Dangers Remain'. I have read it in full and present a brief synopsis of it below which will save you more than 1 hour of your time doing so. I have also commented on some of their statements to provide greater clarity and understanding of what the report conveys. Words: 674

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IMF Begs Policymakers to Prevent World Economy From Falling into a 1930s-style Death Spiral!

The International Monetary Fund (IMF) painted a stark picture of the global economy this week slashing the outlook for world growth while forecasting a damaging recession in Europe that will leave no country, including Canada and the U.S., unscathed. The report stated that financial conditions have deteriorated, growth prospects have dimmed, and downside risks have escalated and, as such, policymakers must immediately move forward together to save the world economy from falling into a 1930s-style death spiral because the longer corrective action is put off the worse it will actually get. Words: 640

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Tidal Wave of Global Gold Demand Developing (+2K Views)

In the East...gold is not only celebrated, acquired, worn or displayed during holidays or special occasions; it is seen as an everyday symbol of wealth. Increases in demand from China and India have driven a 7.5 percent increase in demand for gold jewelry during the first half of the year despite a 25 percent increase in the price. [Overall,] gold buying in India jumped 38 percent during the second quarter alone...China’s gold purchases jumped 90 percent on a year-over-year basis through June. In addition, demand from central banks is growing dramatically. [Such activity is setting up a] perfect storm - a tidal wave of gold demand [which can only keep prices high and escalating. Let me be more explicit.] Words: 959

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