In Stunning Reversal, IMF Blames Globalization

[singular_me]

oooops, too late, we made a WRONG assessment. LOL

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In Stunning Reversal, IMF Blames Globalization For Spreading Inequality and Causing Market Crashes
30 May 2016 GMT

‘In a stunning reversal for an organization that rests at the bedrock of the modern “neoliberal” (a term the IMF itself uses generously), aka capitalist system, overnight IMF authors Jonathan D. Ostry, Prakash Loungani, and Davide Furceri issued a research paper titled “Neoliberalism: Oversold?” whose theme is a stunning one: it accuses neoliberalism, and its immediate offshoot, globalization and “financial openness”, for causing not only inequality, but also making capital markets unstable.’

http://www.zerohedge.com/news/2016-05-27/stunning-reversal-imf-blames-globalization-neoliberal-agenda-spreading-inequality-ca

[monty]

From comments:

Fri, 05/27/2016 - 19:14 | 7616652 (http://www.zerohedge.com/news/2016-05-27/stunning-reversal-imf-blames-globalization-neoliberal-agenda-spreading-inequality-ca#comment-7616652)californiagirl (http://www.zerohedge.com/users/californiagirl)
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I find it quite interesting that these two IMF authors do not understand that globalization was intended to do just that - to increase inequality and concentrate wealth and natural resources into the control of as few organizations and persons as possible, so it would be easier for a NWO, neo-fuedal, worldwide government to control. George Soros understands that quite well as he has mentioned it. Population reduction and reducing the standard of living for the fairly wealthy, and independently-minded middle classes of the G8 nations is part of the plan.
Personally, I think this paper is just a means to justify (propoganda) implementing more authoritarian Marxists organizations and policies in order to speed up the NWO transition. Trump better watch his back if he is elected. If he does not jump onboard with the NWO Agenda, it will not be good for his health.



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[palani]

Everything must have a beginning. Anything with a beginning always has an end.

With any Ponzi scheme beginnings are more fun than endings.