Posted on 03/23/2009 9:51:08 PM PDT by Steelfish
Finance crisis 'could lead to war', IMF warns
By KIRSTY WALKER 23rd March 2009
Dire warning: Dominique Strauss-Kahn says the global economic crisis could push millions into poverty
The global financial crisis could lead to social unrest and even war, the head of the International Monetary Fund warned yesterday.
Dominique Strauss-Kahn said that the billions already pumped into the world economy risked disappearing into thin air unless there is massive reform of the financial sector.
And he dealt a severe blow to Gordon Brown's plans for another debt-funded Budget giveaway by warning that the money might melt 'like snow in the sun'.
At a meeting of the International Labour Organisation, Mr Strauss-Kahn warned that the global economic crisis is 'dire' with the threat of millions being pushed into poverty.
The managing director of the global financial watchdog went on to warn governments against ploughing yet more fiscal stimulus into their ailing economies. He said: 'You can put in as much stimulus as you want.
'It will just melt in the sun as snow if at the same time you are not able to have a generally smaller financial sector than before but a healthy financial sector at work.'
(Excerpt) Read more at dailymail.co.uk ...
Democrat wars are different. They are okay for the country.
Yeah, even the ones they used to hate are okay, and they want to start one with us, too.
That’s a significant part of the plot in Larry Bond’s book “Cauldron.”
Here we go again, Banks and GOvernments screaming about how BAD things are gonna get if we don’t give them more of what they want. So far we have (not willfully of course) but its not enough, they are stripping away our wealth, and its nto even going to any purpose! They are using this fear mongering to CREATE the thing they say they fear!
WTH? They think we aren’t paying attention?
What is your take on this?
thanks
Men are always seeking causes for the actions of evil men besides those evil men's own evil, and the moral weakness and inaction of better men or their leaders. It is a fool's errand. Evil men will do evil in good times or bad, whenever the fancy and the opportunity strike. And weak willed men will let them, whether because they feel too poor to do something about it or too well-off to care.
Prosperity and poverty are alike reasons not to act for the weak-willed, and occasions that require it from the strong willed. They thus have nothing proper to do with it. But there are men who will think anything rather than admit such blatant moral differences drive the world.
But here is my fear.
The left believes that spending indiscriminately such as war can get us out of economic bad times. Do we have people in office evil enough to create an excuse for war to remedy our problems for our greater good?
I know I am asking a hypnotically unknown but I just dont know enough about our leadership right now to trust them.
I know nobody wants to imagine it, but I can see a scenario where food is used as a powerful weapon.
Time for all of us to go to war against the
Bilderbergers,
Trilateral Commission,
Council on Foreign Relations,
Bohemian Grove Satanic Idol worshipers
World Trader Globalists, NAFTA Supporters, CAFTA Traitors
And other power hungry elitists.
just for starters. LOL, LOL !
Is that rhetorical?
not meant to be.
please don’t twist this thread like that.
The latest Geithner plan is a trillion dollar tax funded give-a-way to the very banking cabal which installed this frontman.
I'd encourage a march on Washington before a march on China under this scumbag, egg-sucking, n00b, commie pretender.
Finally, I heard Dick Morris say on FOX News last night what everyone at FR already knows: Obama is sabotaging the economy in order to institute a communist system.
Kill the greedy Kulaks, eh comrade?
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