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Screen shot 2013-03-26 at 11.05.54 AM.png

Update BRICS and Global Finance

We shouldn’t be surprised after all but today came the news that BRICS – Brazil, India, China, Russia and S-Africa – are a bit fed up with the international world of finance. Last year we already commented on the fact that they were willing to come to the rescue wrt the sovereign debt crisis in the developed world, provided their voice would…

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Screen shot 2013-03-26 at 11.05.54 AM.png

Update BRICS and Global Finance

We shouldn’t be surprised after all but today came the news that BRICS – Brazil, India, China, Russia and S-Africa – are a bit fed up with the international world of finance. Last year we already commented on the fact that they were willing to come to the rescue wrt the sovereign debt crisis in the developed world, provided their voice would…

Lees het volledige artikel

Screen shot 2013-03-26 at 11.05.54 AM.png

Update BRICS and Global Finance

We shouldn’t be surprised after all but today came the news that BRICS – Brazil, India, China, Russia and S-Africa – are a bit fed up with the international world of finance. Last year we already commented on the fact that they were willing to come to the rescue wrt the sovereign debt crisis in the developed world, provided their voice would…

Lees het volledige artikel

Screen shot 2013-01-03 at 11.01.53 AM.png

Hooray, debt free... pain pays ?

Well not exactly hooray as far as the IMF is concerned : Apparently the IMF is not happy with Latvia having refunded their entire 2008 bail-out loan already. The IMF at one point even gave the advice of “piano, piano” or “we don’t need so much money from you right now”. The Latvians nevertheless pushed forward and now have of course…

Lees het volledige artikel

Screen shot 2013-01-03 at 11.01.53 AM.png

Hooray, debt free... pain pays ?

Well not exactly hooray as far as the IMF is concerned : Apparently the IMF is not happy with Latvia having refunded their entire 2008 bail-out loan already. The IMF at one point even gave the advice of “piano, piano” or “we don’t need so much money from you right now”. The Latvians nevertheless pushed forward and now have of course…

Lees het volledige artikel

Screen shot 2013-01-03 at 11.01.53 AM.png

Hooray, debt free... pain pays ?

Well not exactly hooray as far as the IMF is concerned : Apparently the IMF is not happy with Latvia having refunded their entire 2008 bail-out loan already. The IMF at one point even gave the advice of “piano, piano” or “we don’t need so much money from you right now”. The Latvians nevertheless pushed forward and now have of course…

Lees het volledige artikel

harry-porter-magic-wand.jpg

The Chicago Plan & the Magic Wand

An IMF Working Paper released in August of this year is staging a comeback in the press and blog sphere. It is titled “The Chicago Plan Revisited”. It basically tackles 2 issues here : 1, a complete sovereign control over the money supply and hence an attack on private fractional reserve banking. 2, a swift solution of the debt problem, wiping it away…

Lees het volledige artikel

harry-porter-magic-wand.jpg

The Chicago Plan & the Magic Wand

An IMF Working Paper released in August of this year is staging a comeback in the press and blog sphere. It is titled “The Chicago Plan Revisited”. It basically tackles 2 issues here : 1, a complete sovereign control over the money supply and hence an attack on private fractional reserve banking. 2, a swift solution of the debt problem, wiping it away…

Lees het volledige artikel

harry-porter-magic-wand.jpg

The Chicago Plan & the Magic Wand

An IMF Working Paper released in August of this year is staging a comeback in the press and blog sphere. It is titled “The Chicago Plan Revisited”. It basically tackles 2 issues here : 1, a complete sovereign control over the money supply and hence an attack on private fractional reserve banking. 2, a swift solution of the debt problem, wiping it away…

Lees het volledige artikel

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