World Bank

Inequality Doesn't Create Poverty

Oxfam, the leftwing NGO devoted to poverty relief has released a new report blaming poverty in wealth inequality. The "solution" to the alleged problem, which should surprise no one, is a so-called "anonymous wealth tax." These taxes, we are told, will put an end to the poverty-causing inequality that now is a global crisis. But there's a problem for Oxfam in this data.

These Are The 3 Main Issues For Europe In 2017

What will the year ahead look like for Europe? 2017 will be another chapter in the European Union’s slow unraveling (which even Soros sees as inevitable)... a process that has been underway for over a decade.

Socialism, Not Oil, Is The Cause Of Venezuela's Problems

Venezuela’s economy has collapsed. Unfortunately, most people mistakenly believe Venezuela’s policies created a successful economy prior to the collapse in oil prices. The truth is that Venezuela’s socialist policies held back its economy during the oil boom and are the direct cause of its economic collapse today.

Pope Francis Now International Monetary Guru?

Besides being a self proclaimed expert on global warming and a vociferous advocate of societal-wrecking mass immigration, it looks as if “Pope” Francis has entered the realm of global economics specifically, international monetary policy.

Geopolitics, Globalization, And World Order: Part 1

Big and significant nations like Russia, India, China and Iran are virtually impossible to control militarily, leaving only the financial option available. In this sense, the role of central banks and the de-dollarization process are a core strategic interest for these countries as a way of maintaining their full sovereignty. In going in this direction, they deliver a dramatic blow to US aspirations for a global empire.

IMF Board Expresses "Full Support" In Christine Lagarde Despite Negligence Conviction

"The Executive Board took all relevant factors into account in its discussions, including the Managing Director's outstanding leadership of the Fund and the wide respect and trust for her leadership globally," the executive board said in a statement. "In this context, the Executive Board reaffirms its full confidence in the Managing Director’s ability to continue to effectively carry out her duties."

Two Options: Reform The Economic System Now Or The Populists Will

This is what it comes down to: There was a credit explosion to the benefit of banks and the wealthy once Nixon closed the gold window. At that point, governments could print at will, and they did. Central bank policy cannot fix structural problems, only the free market can. And that includes a truly free market in money as well.

From Bush To Trump: Culture, Economy, & War - The Pillars Of The New World Order

The Trump victory fits into this decadent scenario. Are we facing a true revolutionary who intends to rid forever global hegemonic aims, or is he simply a well-thought-out pause, created by the elites to revitalize the economy, arrest the internal discontent in the country, and rebuild the army to resume the march toward global hegemony in 2020?