Tag: Lagarde
…All of which tells us that something is indeed rotten in the state of Denmark (and elsewhere), as Lagarde takes over as president of the ECB…
In recent years, the work of the International Monetary Fund has become a never-ending drama, directed by Washington, which is also known as «the main shareholder of the joint-stock company» known as the IMF. All the other shareholders, as well as the fund’s staffers, are assigned the role of actors in a play written by Uncle Sam…
Ukraine's ailing economy would have collapsed without Russia's financial help, the head of the International Monetary Fund said Wednesday. IMF Managing Director Christine Lagarde said that the Eastern European country's economy had hit a wall last year and was heading […]
According to World Bank expert Eric Schwaitzern, a wave of city bankruptcies is expected to hit the United States in the next three years possibly triggering sovereign default. Today over 450 US cities are on the verge of going broke, including Los Angeles, San Diego and others. The «ghost city» Detroit started «the parade of defaults» that may be expedited in October to last all year long… Washington appears to get ready for emergency. Richard Preston, leader of the Confederate White Knights of KKK, called on Americans to get together in a civil war against Barack Obama and his supporters and do it in October, when the country marks the 150th anniversary of Gettysburg…