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Tag: "IMF"

Shock! IMF cuts global economic forecast.. for third time this year

Shock! IMF cuts global economic forecast.. for third time this year

Tuesday, the IMF updated it’s World Economic Outlook downgrading three-out-of-four of the world’s most powerful economies. While the Eurozone was given an outlook putting them more into reverse, the U.S. and China are now expected to grow even more slowly than the previous projections. Only Japan was given an improved outlook. News reports have spun […]

Europe Won’t Work in America

Europe Won’t Work in America

Spain’s economy is under such duress that the country is prepared to request a 40 billion Euro cash injection from the Euro zone this weekend. The request comes after Fitch Ratings reduced Spain’s credit by three notches on Thursday. This move will make Spain the fourth country to need a bailout since the European debt […]

CEO of German Deutsche Bank Targeted with Package Bomb

  A package addressed to Deutsche Bank CEO Josef Ackermann  was intercepted in Frankfurt, Germany on Wednesday that contained explosives and shrapnel, with a return address of the European Central banks headquarters, which is located just a few blocks away from Deutsche banks HQ.   Fox News  is reporting that the NYPD is warning local banks to bolster mailroom security […]

Fed's Bernanke Props Up EU With Loan-sharking Scheme

U.S. Federal Reserve Chairman Ben Bernanke has reached out to Europe in what is being mischaracterized across America as just another European bailout. Bernanke realizes the U.S. Congress would never allow the Federal Reserve to put the U.S. Economy at further risk by directly bailing out the European Socialists, in which we are already exposed […]

EU Plutocracy on Verge of Collapse

Top Judge Puts the Brakes on Merkel’s EU Bailout Scheme/EFSF Expansion The EU plutocracy started coming apart at the seems back in September of this year, as Germany’s top Judge, Andreas Vosskuhle, head of the constitutional court, said politicians do not have the legal authority to sign away the birthright of the German people without […]

The 5-19 Show: Money for Nothing

Show Time: Thursday May 19th, 7pm pacific, 8pm Mountain, 9pm Central, 10pm Eastern Tune In: Plain, Hard Truth Internet Radio Call in: Be part of the program – call in to the show: (424) 220-1807 Guests: Nicole Pearce and Andrew Starosky from Truth About Bills. Show Topics: Join Michelle and Rich as they discuss the IMF, […]

Is the Dollar Drawing Its Last Breath?

Is the Dollar Drawing Its Last Breath?

Perhaps a little alarmist, it’s probably a hoax video, but some underlying themes rate contemplation [Story Link].  The SDR as a replacement for the dollar, the huge increase in SDR reserves (1000%) [IMF Link].  I think that link is saying that the SDR will go from 21.4 to 204.1 billion between August 28th and September […]