April 6, 2016
IMF warns of emerging market risk to U.S. stock markets … Major emerging markets, led by China, are increasingly likely to spread fear to financial markets, leading to poor stock performance in the U.S. and other developed countries, the International Monetary Fund said. -MarketWatch
The IMF is back at work spreading fear. That’s not what we are supposed to think of course. We’re supposed to believe that the IMF has our best interests at heart and that its ranks are filled with caring, decent people.
But in this article we want to review important financial facilities along with the banking elite itself to reemphasize that they are not what they seem.
We’ll remind you of why they are not to be trusted and how the current economic system worldwide has been rigged to collapse, and to take you down with it.
The IMF, the World Bank, the Bank for International Settlements, the larger central banks and top banking elites are all complicit.
In the world of high finance, nothing is as it seems. Each element in engaged in subtle interplay with the others. The goal is always destabilization along with the ruin of the middle classes and the enrichment of just a few, worldwide.
This has been going on since the Great Depression and then again since the end of World War II.
Let’s examine main players.
The IMF is part of a financial tag-team that smashes whole countries on the shoals of sovereign debt. First the World Bank lends to irresponsible government leaders and then the IMF offers additional funds.
But those funds come at a price. The IMF insists on imposing high taxes on already impoverished people. And it often forces countries to sell off valuable national enterprises to Western multinationals.
The IMF and the World Bank deal with political leaders and business tycoons. Central banks have a different role to play and the largest ones are directly involved in fine-tuning the world’s monetary system.
Secret deals are a constant occurrence when it comes to the world’s central-banks. That’s because central banking is a legalized monopoly and central bankers are supposed to conspire together. The Bank for International Settlements acts like a Mafioso Kingpin, supervising the secret arrangements.
The most recent secret deal was negotiated in February at the G20 meeting. Here, top central bank officials agreed to boost the Chinese economy via interest rate manipulation.
It was hoped this would help the doomed Chinese economy while not further damaging Western economies. In fact, the damage from decades of massive credit flows has so injured the world’s economy that no matter what central bankers do, it’s not going to be any good.
Ideally, they would step out of the way. But they won’t. They’ll just make things worse.
Their remedies are laughably simplistic anyway. They either print money or they don’t.
If they print money by creating more credit, then they will contribute to asset bubbles. If they tighten, they will puncture those bubbles prematurely and add trillions in further debt to a world already catastrophically overleveraged. [Bold Emphasis Added]