Sunday, July 31, 2016

The IMF's Independent Evaluation Report?
It Is A Scathing Review
5*
For those who think the world's 'System' is just fine? Please don't miss this.
A new report by the International Monetary Fund’s (IMF) Independent Evaluation Office (IEO) offers a scathing review of an organization dominated by political bias & classic human errors of wilful blindness & ignorance .. the IMF cheered on the euro project at the expense of countries like Greece.
"International Monetary Fund’s top staff misled their own board, made a series of calamitous misjudgments in Greece, became euphoric cheerleaders for the euro project, ignored warning signs of impending crisis, and collectively failed to grasp an elemental concept of currency theory." 
LINK HERE to the report
LINK HERE to a summary by our friend Ambrose
please search for archived postings from the time of Greek
elections & Yanis' negotiations with the ECB
WHO WON & WHO LOST?
MORE IMPORTANTLY, WHO WAS RIGHT & WHO WAS WRONG?

No comments: