Global Society Gamblers
The Paris Club and the IMF
RATING AGENCIES, THE FEDERAL RESERVE, THE PARIS CLUB, THE IMF, brokers and speculator, all are part of the “CASINO FINANCE” the world is currently suffering from.
- Ignorance blinds and thus imposes a danger to those who neglect the signs of change on the eco political global landscape.
- THE PARIS CLUB and the IMF will sooner or later have to face reality and accept that BRIC nations and like it or not also SOUTH AMERICA are gaining geo –politic and economic power.
- Is it coincidental that the Paris Club and IMF are both closely connected, that the new head of the IMF is once again French?
TWO INSTITUTIONS ONE PURPOSE
The PARIS CLUB and the IMF are closely connected and both entities have one objective, to lend money to mainly third world countries and countries with weak economies in order to dictate them their terms and conditions which in the long run favor the interest of those entities who formed these organizations in the first place.
The PARS CLUB is formed of 19 of the world’s so called wealthiest nations, who naturally use their power to impose upon the lending countries their doctrines which in most cases turn such countries into even worst economical as well as political crises.
POLITICAL IGNORANCE AND CONSTANT UNDERESTIMATION OF BRIC (BRASIL, RUSSIA, INDIA AND CHINA) AS WELL AS SOUTH AMERICAN COUNTRIES WILL BACKFIRE ON THE USA AND EUROPE IN THE NOT TO DISTANT FUTURE
Viewing the world map displaying the PARIS CLUB member states in comparison to the current global economic shift it becomes evident that this model as well as the dominant USA and EUROPEAN presence in the PARIS CLUB and IMF is slowly but surely becoming obsolete.
BRIC Nations (BRASIL, RUSSIA, INDIA and CHINA), other ASIAN countries and SOUTH AMERICA as well as countries such as TURKEY and to some extent the MIDDLE EASTERN countries are already surpassing the so called established first world economies. This is the reason, why the key players of the PARIS CLUB and the IMF clinch onto their power, regardless of the signs of time.
THE IMF AND ITS TRUE OBJECTIVES
One of the first rules the IMF cases imposes on lending countries is to reduce its budget on national health care and education, two of the main pillars in society which guarantee intellectual as well as economic growth in a country, but at the same time imposes a danger for the ruling class, for a educated and healthy society cannot be as easily manipulated as a uneducated.
The IMF has created an immoral system of modern day colonialism with its structural Adjustment Policies (SAP) for the poor. The question is how long will emerging economies play along with the game?
The IMF serves wealthy countries and the “Casino Finance” Market of Wall Street, which deliberately caused the financial crisis.
Is it coincidental that the Paris Club and IMF are both closely connected, that the new head of the IMF is once again French?
WIND OF CHANGE
If the IMF and the PARIS CLUB neglect the signs of the geo political and economic wind of change currently blowing across the globe, they will eventually be left alone with their ignorance overrun by emerging economies. EUROPE and the USA have reached their eco political zenith, only to be replaced by BRIC nations as well as ASIA and SOUTH AMERICA. Clinching onto power will only increase the downward spiral.
Let’s face it, economic growth in above mentioned countries and continents is evident and nothing can lead around this fact, so what does the IMF and their lobbyist do? Warn of the dangers of economic overheating.
AS I SEE IT: There are many controversial issues and conspiracy theories concerning the IMF and the PARIS CLUB, and not all their causes are of bad nature, but one has to consider the facts that countries such as ARGENTINA etc. who opposed the terms and conditions laid upon them by the IMF and the PARIS CLUB ended up being better off economically then those who adhered the IMF. Ironically the PARIS CLUB was formed in 1956 in order to help ARGENTINA to avert default during the PERONIST unrest. Currently ARGENTINA is negating its debt repayment with PARIS CLUB.
Background info on : http://www.atimes.com/atimes/Global_Economy/ME24Dj04.html and http://www.slate.com/id/2082575/
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THE FINANCIAL MONOPOLY GAME Part 2 Updated at :
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Friday, July 1, 2011
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