IMF: World Economy Enters ‘dangerous New Phase
Thursday, September 22nd, 2011 at
6:32 am
The International Monetary Fund says the global economy is in a 'dangerous new phase,' as Standard & Poor's downgrades Italy.(Sept. 20)
Tags: italy-financial, crisis
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@psilocyberspaceman ...Do more drugs.
@DavetheDweller Nope, I am not filthy, genius.
LETS GO BACK TO BARTER TRADE! THE REAL TRADE!
Can I trade 4 goats for your cow?
@JamesJablonski2008 done, done, done!!!
The jig is up....things will soon change to the times of the Wild West, but not as wild. We are just going through the end of the beginning.
I see the problem as two things, the world economy is running on debt , that is when you put $100 in your bank account , it does not mean you have an extra $100 in your account but the bank owes you $100 more. The whole economy is, I owe you and you owe me. No real value. My second point is countries like China and Japan are not letting the US dollar depreciate against their currencies hence making US products uncompetitive thus pushing US debt higher and causing the world debt crisis.
I see the problem as two things, the world economy is running by debt , that is when you put $100 in you bank account , it does not mean you have an extra $100 in your account but the bank owes you $100 more. The whole economy is I owe you and you owe me. no real value. My second point is countries like china and Japan not letting the dollar depreciate against their currency hence making American products uncompetitive and pushing the US more into debt and hence world financial crisis.
Free Market Capitalism failed utterly in the 1930's, this state "supervised" Capitalism is failing. Now Let's start. ? ? !
@sistercecelia very true what do you think about USD??
The Euro will go to ZERO...just for the record!
living in troubled times and down right scary
imf is one of the reasons we're in this "dangerous new phase". if the rich (this means greedy, usurious, parasitic BANKERS) weren't the self-interested parasites they are, they wouldn't have gone out of their way to create this second middle ages. welcome to FEUDALISM folks.
This is to control the people all together... the world economy will crash to a point where a new currency under new world government will be needed to save it... I can see this move a mile away... its slow but its coming... its what i call, the economic hostage move... we've seen done with AIG, US Economy, & the debt ceiling...
"Countries Resist an IMF Takeover"
watch?v=JWSQp5NIfrc
I could prove to be fatal..."poland says no to the IMF"
Bahrain is is good favor however
its coming. before break time tomorrow i guess.
@psilocyberspaceman That means you too, genius.
Death to the filthy human species
uncertainty over the health of global econonmy? no uncertainty to it. it's terminally ill.
NWO
Obama's economic advisors--all of whom come from the culture of Wall Street--have convinced him that challenging the business community too sharply would impinge on economic recovery. He has also carefully avoided criticism of the Bush Administration, I suppose because he wished to make a great point of reaching across the aisle to his Republican opposition. He has thus deprived himself of making plain who was responsible for the Great Recession.
sounds like war is comming
@cazyblood3 You're right because Government interference like the bailouts and regulation that makes it harder for small businesses to compete has helped SO much!
IMF Imposing Misery Forever