For the first time, the international organization has set a date for the moment when the “Age of America” will end and the U.S. economy will be overtaken by that of China.
Post Tagged with: "IMF"
April 22, 2011 04:29
Dick Morris Reports: The IMF Takes Over Our Economy
Last week, the International Monetary Fund (IMF) announced that it was going to hold nations accountable for their economic decisions and publish quarterly yardsticks to measure their success in adopting “appropriate” policies. Who decides what’s appropriate? The European central bankers who run the IMF. The United States will have to meekly comply. The next step? Sanctions against nations that beg to differ with the IMF — our new global Czar.
March 30, 2011 08:53
Is Soros’s One World Currency a Leftist Plot?
[T]he one-world conspiracy goes back at least 100 years in its modern incarnation and probably longer. Soros hasn’t been alive that long. He’s a Johnny-Come-Lately relatively speaking.
March 22, 2011 09:10
Milton Friedman’s Money Machine
The government is running a $1.6 trillion deficit. Nothing can be done politically to stop this. We are on a runaway train. The main brakes were removed in 1971. The only brake now is that of the bond vigilantes, but the Federal Reserve is the buyer of bonds today, along with Asian central banks. Stockman observed that “the Fed’s QE2 bond purchases have been so massive that it is literally buying Treasury paper in the secondary market almost as fast as new bonds are being issued.”
January 11, 2011 08:15
Portuguese Bond Sale May Make Bailout `Inevitable’
As the ‘P’ in PIIGS which stands for the European countries collapsing under socialist nanny state policies, Portugal is entering its early stages of collapse.
October 5, 2010 07:16
IMF Warns Western Economies Mired in ‘Near Depression’
A new report by the International Monetary Fund paints a brutally grim picture of the global economic outlook, warning that continued European belt-tightening combined with possible deficit-cutting in the United States could lead to a global double-dip recession.
May 27, 2010 06:37
US money supply plunges at 1930s pace as Obama eyes fresh spending
Despite warnings from the IMF that the gross public debt of the US will reach 97% of GDP next year and 110% by 2015, Obama and the Democrats continue to push unfunded spending. The money supply in the US is contracting at an accelerating rate that now matches the average decline seen from 1929 to 1933.
May 18, 2010 04:00
Greece has tax cheats in its government too
In a story about Greece getting the first 20 billion of its bailout money, the BBC reveals that a Deputy Tourism Minister Angela Gerekou was dismissed for unpaid taxes. Guess they don’t buy those Geitner excuses over there.
May 12, 2010 10:38
Pence: American Taxpayers Should Not Be Responsible for Bailing Out Europe
Call your lawmakers now. Demand a stop to this insanity!
May 12, 2010 06:39
Who Will Bail Out America?
Social Security, Medicare and the retirement of the baby boom generation wasn’t enough of a burden for the American taxpayer. We will now be paying as well for the generous pensions of Greek bureaucrats retiring in the warm Mediterranean sun at age 55, thanks to the foresighted leadership of our very own international statesman, Barack Obama.
