IMF Gets $430B in New Resources

That’s a lot of souvlaki. The International Monetary Fund secured $430 billion in additional firepower Friday as protection against the spread of the euro crisis, nearly doubling the IMF’s lending strength. The announcement came after meeting between the IMF and the World Bank in Washington, D.C., and showed a strong response for the IMF from its member nations, who committed the funds. “We made a call to action and our members have delivered,” said IMF managing director Christine Lagarde. Countries from the euro zone contributed $200 billion, and other sizeable commitments came from Japan, Britain, and Saudi Arabia.

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Latest IMF Scam: Rest of world bails out the EU

Out of Chaos, Order: Now IMF Seeks Collective, World Bail-Out of Europe

Friday, December 16, 2011 – by Staff Report

IMF wants the world to save Europe ... Christine Lagarde, the managing director of the IMF, said the escalating crisis now needed to be addressed as "collectively as possible" ... The European financial crisis is "escalating" and is so serious that it is unlikely to be solved by eurozone countries alone, the head of the International Monetary Fund warned Thursday night. British taxpayers are now likely to be involved in an internationally co-ordinated bail-out led by the International Monetary Fund [IMF] for countries in the single currency. Christine Lagarde, the managing director of the IMF, said the escalating crisis now needed to be addressed as "collectively as possible". Without action, the world faces the spectre of a 1930s-style depression, she said. – Montreal Gazette/UK Telegraph
Dominant Social Theme: Unshackle the IMF to save the world.
Free-Market Analysis: Right on schedule, the International Monetary Fund's Christine Lagarde has emerged to call for a united, Western effort to salvage the Eurozone and perhaps the euro.
This is entirely predictable in our view and has to do with the larger strategy of the Anglosphere power elite, which is to create a worldwide economic crisis in order to provide the requisite centralizing solution. If one wants to create global governance, a few "eggs" may have to be broken in the process.
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