An interview with the head of the IMF
The International Monetary Fund was established after the second world war. Its purpose has been to assist countries when they are unable to pay their debts. In the past the IMF has been rightfully criticized for some of its positions. In particular it has been criticized by those who fear the establishment of a global New World Order. I do not know whether those fears are well founded, yet every now and then I hear snippets from the powers that be, that make me think that those who fear the coming of a New World Order are correct after all.
Der Spiegel has an interview with Dominique Strauss-Kain, the present director of the IMF. According to the author of this article the IMF had become more or less irrelevant prior to the GFC but afterwards it had gained back a lot of its prestige.
The author of this article seems to like the idea of a Global economy so that the slant of the article is one that highlights a “global economic outlook”. I would personally not agree with this point of view for a variety of reasons, including the fact that I believe in the preservation of nation sovereignty. Even so, there are some things from this article that I wish to highlight:
On a Tuesday afternoon in late September, as the first leaves are falling from trees outside, the director, wearing a blue suit and a blue tie, is sitting on a blue couch high up in his office at the headquarters of the International Monetary Fund (IMF), outlining his idea of a new world. Some of it already exists, in the form of a new world order established in September 2008 to replace the one that was collapsing at the time. The result wasn’t half bad, but it is robust”
According to this author the New World Order was established in September 2008. This seems to be a very strange statement. What it is implying is that when the GFC was triggered by a run on banks in USA and with the collapse of Lehman bros etc. the New World Order was established!! A conspiracy theorist would have a field day with this kind of statement.
Looking more closely at what Strauss-Kahn is stating:
These are important times for humanity. The crisis has forced everyone to see many things from a new perspective. Now the IMF is preparing for its annual meeting on Oct. 8. Can it live up to expectations, and can it police the new global economic order and keep global banks in check?
“You have to imagine the IMF as a doctor,” says Dominique Strauss-Kahn, the 61-year-old director of the International Monetary Fund. “The money is the medicine. But the countries — the patients — have to change their habits if they want to recover. It doesn’t work any other way.”
The IMF, says Strauss-Kahn, warned the world about the collapse and about the American real estate bubble and its consequences, but “politicians don’t want to hear bad news.” And when the crisis arrived in the fall of 2008, as predicted, it took the old world — Europe, which always takes six months to make a decision — too long to react.
That was the time when the world was laying the foundation for a new order.
What exactly does the director of the IMF mean by NWO. It turns out he is talking about the rise of the economies of India and China and the demise of Europe and the USA (and possibly Australia). The director speaks of Europe as “lagging behind”, but more telling is the following statement:
The new world could be a frightening place. The IMF director says: “The Europeans still believe they are the center of the world, but in reality this is not clear any longer. Currently, the question is whether Europe will remain a participant in a game with many players — that is not necessarily a given.”
Some of the more telling comments with regard to what this man believes include the following statement:
The United Nations will probably become less important; the organization is far too slow-moving and sluggish. And, if one understands DSK correctly in this point, the importance of the United States — that egomaniacal country which is incapable of action — will also decline.
This is very disturbing because it seems to feed into the fears of those who have been against the establishment of this very New World Order. It seems to add to their fears that the current POTUS has been assisting the collapse of the USA through a series of bad economic decisions. It also feeds the idea that Øbama is following the orders of someone who actually wants to see America’s economy collapse so that this NWO can in fact be established, with China and India in the ascendancy.
It seems that the author of this article is pushing his own agenda in relation to this New World Order, and may in fact be putting words into the mouth of Strauss-Khan, who did not directly state what this author has stated. What was pointed out though, is that the USA Congress and Bush/Øbama Administrations adopted a piecemeal approach to the crisis as it loomed. (in fact the Øbama Administration has continued to not deal adequately with all of the problems associated with Fannie and Freddie that led to the crisis in September and October of 2008).
So here is some more from this interview:
What will become important, however, is the G-20, that coalition of the strongest economies, the center of power in a new world. The G-20 gave the IMF $850 billion (€620 billion) and the mission to solve the crisis. What followed, says, Strauss-Kahn, was “the biggest global coordination ever.”
In Strauss-Kahn’s view, the IMF should become an administrative unit of sorts for the G-20, an agency that “tries to find solutions for global and national problems,” come up with plans and create values. “In the end we aim at much more than just the right financial and economic policies. The ultimate goal of course is world peace through economic stability.” This is the way Strauss-Kahn views his organization, and the astonishing thing is that hardly anyone, with the exception of a lone professor in Boston, disagrees with him anymore.
It seems that Strauss-Khan has fallen victim to the hype of “world peace through economic stability”. Is that really going to happen? He has also fallen for the “climate change hype”. Or at least the author of this article is pushing the “climate change” hype.
You can read the whole article here