IMF

The untouchables, using uranium and Blackwater Air + this day in history w/the Great White fire and our song of the day by Lana Del Rey on your Morning Monarchy for February 20, 2017.

By Mark Anderson
The TRUTH HOUND
‘Stop the Presses’ News & Commentary
The “subtly” named “World Government Summit,” which started Feb. 12 and ran through Feb. 14 in Abu Dubai, United Arab Emirates, included a few Bilderberg Group and World Economic Forum (WEF) members, such as WEF founder Klaus Schwab and frequent Bilderberg attendee Christine Lagarde, longtime International Monetary Fund chief.

(ANTIMEDIA) — In the shadow of Donald Trump’s spree of controversial actions, the European commission has quietly launched the next offensive in the war on cash. These unelected bureaucrats have boldly asserted their intention to crack down on paper transactions across the E.U. and solidify a trend that has been gaining momentum for years.

Back in November I wrote a bleak account of the situation in Greece as I witnessed it following a brief visit there.
More recently I have written pointing out how the IMF has itself concluded that the situation in Greece is unsustainable.

Unholy alliance: Soros and British Petroleum’s princes and sheikhs

The Financial Times is reporting that a confidential IMF report is saying that Greece’s public debt is ‘unsustainable’ and is set to spiral to three times the size of Greece’s annual economic output, and that Greece’s economy cannot be expected to grow out of its debt problem.

Demurrage
Demurrage is part of the wider system called EnMo economics. In this model the main business of the state is ensuring that people have enough of everything they need of essential goods and services. To this end the state ensures that anyone who wants to work is able to do so, helping to provide those essential goods and services.
There are a couple of basic concepts to understand before explaining a little detail about demurrage.

Global economic growth will hit 3.4 per cent in 2017, the IMF said, but the world’s second-largest economy will grow by only 6.5 per cent in 2017 [Xinhua]
China’s fiscal stimulus has helped edge its GDP growth upward, the International Monetary Fund said on Monday, but India’s domestic consumption retreated in the face of demonetization and pushed economic growth down.

Happy New Year! May yours be peaceful, safe and impactful!
As tumultuous as last year was from a global political perspective on the back of a rocky start market-wise, 2017 will be much more so. The central bank subsidization of the financial system (especially in the US and Europe) that began with the Fed invoking zero interest rate policy in 2008, gave way to international distrust of the enabling status quo that unfolded in different ways across the planet. My prognosis is for more destabilization, financially and politically.  In other words, the world's a mess.

The IMF chief is apparently too big to jail.