Upcoming Events

International | Anti-Capitalism

no events match your query!

Blog Feeds

Spirit of Contradiction

offsite link The Party and the Ballot Box Sun Jul 14, 2019 22:24 | Gavin Mendel-Gleason

offsite link On The Decline and Fall of The American Empire and Socialism Sat Jan 26, 2019 01:52 | S. Duncan

offsite link What is Dogmatism and Why Does It Matter? Wed Mar 21, 2018 08:10 | Sylvia Smith

offsite link The Case of Comrade Dallas Mon Mar 19, 2018 19:44 | Sylvia Smith

offsite link Review: Do Religions Evolve? Mon Aug 14, 2017 19:54 | Dara McHugh

Spirit of Contradiction >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Elaine Byrne: Lacking moral courage to name names

offsite link Real democracies and referendums Anthony

offsite link Public Services Card: Some still forced to comply Anthony

offsite link Catholic Church: Dark influence still active Anthony

offsite link Tom Parlon launches new career in comedy Anthony

Public Inquiry >>

The Saker
A bird's eye view of the vineyard

offsite link The Afghanistan ?peace deal? riddle Wed Feb 26, 2020 19:04 | amarynth
Pepe Escobar for the Saker Blog : Posted with permission  As far as realpolitik Afghanistan is concerned, with or without a deal, the US military want to stay in what

offsite link Highlights from the Assange Trial Thus Far Wed Feb 26, 2020 18:56 | amarynth
Eric Zuesse for The Saker Blog Here are the most informative excerpts that I have noted from the best news-reporting from journalists who have been attending at the trial: CRAIG

offsite link Moveable Feast Cafe 2020/02/24 ? Open Thread Mon Feb 24, 2020 09:00 | Herb Swanson
2020/02/24 09:00:01Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of

offsite link No Weapon Left Behind: The American Hybrid War on China Sat Feb 22, 2020 18:38 | amarynth
Pepe Escobar : Posted with permission and x-posted with Strategic Culture Foundation The New Silk Roads ? or Belt and Road Initiative (BRI) ? were launched by President Xi Jinping

offsite link 20 Questions with Vladimir Putin : Episode 2. Putin on Ukraine Fri Feb 21, 2020 17:06 | amarynth
From TASS Has Vladimir Putin seen the Servant of the People TV series? Is dialogue with Zelensky possible? How to view Ukrainians? national identity? Are Russians and Ukrainians one people?

The Saker >>

IMF Chief Warns of Financial Disaster Driven by Inequality

category international | anti-capitalism | press release author Friday January 17, 2020 18:03author by Kate Zeller - Jubilee USA Network Report this post to the editors

IMF Head Kristalina Georgieva warns of a return of the Great Depression driven by inequality and financial sector instability in a speech delivered at the Peterson Institute of International Economics.

Washington DC - IMF Head Kristalina Georgieva warns of a return of the Great Depression driven by inequality and financial sector instability in a speech delivered at the Peterson Institute of International Economics. Georgieva highlighted new IMF research that compares the current economy to the "roaring 1920s" economy that culminated in the great market crash of 1929.

"The IMF delivered a stark message about the potential for another massive financial disaster that we last experienced during the Great Depression," noted United Nations finance expert and Jubilee USA Director Eric LeCompte. "With inequality on the rise and concerns of stability in the markets, we need to take this warning seriously."

In addition to financial sector stability and growing inequality, Georgieva shared that we face additional challenges in the current economy.

"Trade problems and climate-driven weather events pose additional risks at this time," said LeCompte. "It's imperative that we ensure the financial sector is free of risky behavior and corruption if we want to protect ourselves from another global financial crisis."

Related Link: http://www.jubileeusa.org
© 2001-2020 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy