It’s not exactly a confidence builder when the Director of the International Monetary Fund answers the question about forward priorities by saying, “Perhaps we need to pay attention to the law of unintended consequences.” You had one job Kristalina, one job.
During an International Monetary Fund (IMF) spring debate and discussion segment, IMF Managing Director Kristalina Georgieva, outlined her perspective against the backdrop of massive inflation caused by the global financial institutions telling government to spend money and they will print it, during COVID. [The video is prompted to 01:04:50] WATCH:
The discussion included EU Central Bank President Lagarde, US Fed Chair Powell, Indonesian Finance Minister Mulvani – when IMF Director Kristalina Georgieva admitted they channeled their COVID fear and emotions by unsustainably printing money without pausing to think through the consequences.
Now, the world is facing massive inflation, economic contraction, looming hunger, widespread famine and a pending global financial collapse.
Their response? “Whoops.”
Not to worry, they’ll have a little wine and chocolate and figure things out. Swear.
“Whoopsie daisy”…
I will survive.
That’s what Gloria Gaynor thought, too…
It’s not you we’re worried about, it’s the world economy.
Its latest slave is shuffling the chairs.
https://asianews.network/pakistan-finance-minister-leaves-for-us-to-meet-imf-officials-for-revival-of-loan-facility/
https://asianews.network/former-pakistan-pm-khan-tells-supporters-to-wait-for-my-call-for-islamabad/
These people remind me of the flag officers of the Empire from Star Wars..
These people are complete idiots.
I don’t think so. They are elitists that could care less about “unintended consequences” that have zero affect on them.
I agree… this sounds like a bit of narrative engineering… put out there to say “Oops, we have a mess… but feelings were involved, so we had to.”
I’m sure you are right about them caring less about consequences they are not accountable for but these pontificating parasites most likely couldn’t run a lemonade stand,the idiocy is their elitest ideology.
. . . could NOT care less . . .
…and to help stoke the inflation fire Sleepy Joe might have to revive the “Cash for Clunkers” program. Except this time hand out money so people can afford to buy a crappy used car that now costs 40% more than last year.
I picture Obama; Susan Rice and John Kerry giggling to themselves how much easier and fun it is making all their self serving COD (cash on delivery) decisions and not having to answer to a damned one of them!
Laughing because Biden is their bend over scapegoat that apparently Jill doesn’t even care about.
I remember hearing that during Obama’s second term in office Soros complained he wasn’t moving fast enough with NWO agenda.
Obama’s supposed response was the people were not ready as the reason he was slow walking some of the radical plans.
If true Obama is sure making up for it.
I believe the acceleration of all of this would not have occurred if this country had a real person as President.
Even the most radical would not have pulled the Afghanistan debacle or continued to not address the immigration issue.
I may just can’t accept the quick brazen way this shadow government is killing this country.
Well, they NEEDED to do it quickly, before “the people” woke up to what was going on; its like picking someones pocket, you do it fast.
However, I don’t think they have ever had a VIABLE, WORKABLE plan for how to transition from “the 100 year march thru the institutions” to actually establishing a true dictatorship in America.
They had a FANTASY, that they thought was a plan.
And it is now falling apart, as it was inevitable that it would.
It is falling apart, as inevitably it would. Power mad arrogant egotists cannot create global harmony- One World Government.
China played along, to take advantage and weaken the West. Russia will not play their games and is actively, with will, and help from China and India, blowing up their plans.
I find it improbable that all of the food processing plants had parts break down all in the same short time frame . Were some overworked and lacked maintenance , yes probably ….. but ALL of them ?
Seems unlikely Captain , Spock out.
Another interesting thing that I’ve noticed is major re-labeling, re-packaging by major food companies. V8 products and Turkey Hill are two that are most recent in my area. I find it odd amidst all the issues with our supply chain and shortage of workers that these overhauls would be happening now causing even more disruptions in supply.
Ditto Great Value and many gluten-free products my family uses.
I don’t understand what you mean by re-packaging and re-labeling and how that affects us. Could you please expound? Thanks.
New labels, colors, change of bottle shapes, etc. I don’t know what it means, if anything. What I do know that when I am in a crisis, I don’t decide to redecorate. Our food chain is certainly not functioning at it’s capacity, so why re-tool factories in the middle of these shortages?
It usually signals a reduction in package sizes. Compare an old, say, 24 ounce package of a product to the new version. Likely the new one is now 22.8 ounces or some similar number.
Bullseye!
Very true.
Could be supply issues for the boxes/containers. Can’t get that size or color anymore. Or no more China boxes but now boxes and colors from Viet Nam.
Everything is smaller…. less ounces per pack
yep
Have a look at this.
Something Strange Happening To US Food Processing Plants! Is It All A Coincidence Or Something More? – Must Video | Food and Farming | Before It’s News (beforeitsnews.com)
16 large food processing plants have caught on fire in 3 months including a Tyson plant, and walmart food distribution center that employed 1000 people. many are completely destroyed. better get your rice and beans NOW if you haven’t already. remember. 1lb of rices makes 4 servings, and a pound of beans is 6 servings, so plan accordingly.
https://mypatriotsupply.com/
You underestimate the price of libuturd control regulations! They are regulating fertilizer shipments from Phoenix AZ during the planting season. Not much smart going on there.
Not just “break down”, but BURN down. All on Wednesdays. See Black Conservative Patriot for the details:
Stock up, folks!!!!
…and massive fertilizer shortages, and reduced shipping of existing fertilizer supply is also rumored, and a simultaneous “ dont eat meat, eat insects campaign.
I knew our gov was corrupt after the Bushes and Clinton’s,egads all the scandals… they had to be the worst…but no… then I read Obama’s book when he was running and I thought my God this guy is a communist and then lived through his 8 years of keeping his promise to fundamentally change America uugghh! BUT I had no idea how truly rotten and compromised almost all of our government and gov agencies were until Trump!! He exposed it all and not just our gov but the whole planet!!! I thank Trump for that and for showing us how positive, happy and wealthy and valuable we can all be.
We just have to keep praying and fighting for truth and values and what’s right…we have to keep supporting and then voting in the candidates that believe in God,America, life and truth.
I ask God for strength and courage for everyone fighting for truth and justice like True The Vote and the O’keefs out there,the J6 Americans still in jail! Marjorie Taylor Green…imagine 100 more like her? The Bobby Kennedys and Naomi Wolfs, Tina Peter’s and Mark Fitchem and on and on… so many decent people.God give them Your wisdom and courage and help us not to give up, bless us with Your wisdom and help us to face whatever comes are way and help us to keep loving in a world full of insanity.
Forgive me Lord for missing the mark, forgive me for taking my freedom for granted…thank You for this precious gift, America.
Have mercy on us Lord, raise up a generation that puts You first and wants to live right, root the wicked out of our land and government from the the smallest town to the biggest city, local state and federal…restore us to what You wanted for us.
Turn the hearts of the people to You Jesus…let abortion and drug abuse and child abuse and corruption and rottenness die as people even the worst people turn to You repent and yearn to be good.
Will it take a miricle for all this? Yes but God is the God of miricles…He’s the God that parted the Red Sea and raised the dead.He’s the God that said Israel would be a country against all odds and that that barren wasteland would flourish and it did!! He’s a God that keeps His promises, He will never leave us or forsake us and all that call upon His name will be saved.
Thank You God for having mercy on us…when they scorned You and ridiculed You while You hung dying an agonizing death on the cross even then You said forgive them Father they don’t know what they’re doing…forgive us Father, forgive us and help us to be what You want us to be.
Thank you
That was a beautiful prayer that covered a lot of ground. We would be a very grateful people if Almighty God gives us a reprieve.
Yet the law of unintended consequences is unbreakable. What we sow we will certainly reap.
Sow the wind; reap the whirlwind.🌪
Sow faith in Jesus’s
“ it is finished” work ;
reap eternal life. All this will be like a bad dream you will forget.
You both have GREAT posts, its a SHAME they are very difficult to read, on an I phone.
PLEASE take a moment to review the posting guidelines, which ask posters to frequently double space;
like this, after every complete thought, as many of our readers are reading on phones,..
And a long, unbroken line of text, is like a run-on sentence.
But, great posts, both of you!
Wonderful post. Thank you. I have been feeling quite negative lately, about the mess we are in. Your words made feel better.
Amen to what Rainy said!
“ Forgive me Lord for missing the mark, forgive me for taking my freedom for granted…thank You for this precious gift, America.”
This line particularly struck me. Thank you! A very thorough prayer!
And then there are Intended Consequences:
Debit Cards For Illegals – How You Pay To Bring Illegal Migrants To The United States
(substack.com)
“One of the ways the United States aids illegal migration is through funding of United Nations programs administered by the International Organization for Migration (IOM). IOM runs camps and helps migrants move north. It also hands out debit cards paid for by American taxpayers to migrants.
Something called the Emergency Manual for IOM lays out procedures for handing out these debit cards. It also explains that IOM disburses cash to migrants and “movement assistance.”
The IOM does all this in a network of roughly 100 shelters it has built with U.S. taxpayer support all across Central America. How much money the United States is funneling into these efforts is a little unclear. Since Biden came to office a cloak has been pulled over the details. The Biden 2022 budget includes $10 billion in humanitarian assistance “to support vulnerable people abroad.” But there’s no breakout of where that money goes
In 2019 before Biden came to office and funding was dramatically expanded, the State Department’s Bureau of Population, Refugees, and Migration (PRM), which provides U.S. funding to the IOM and many other United Nations agencies spent more than $60 million for activities in the northern part of South America, Central America, and Mexico. As of that time, the State Department was supporting at least 75 way-stations across the region to provide food and shelter for migrants moving north.
In effect, a giant conveyor belt has been constructed across Central America to the U.S. Mexican border. Largely funded by the American people, this machine moves migrants methodically north from way-station to way-station, housing migrants, feeding them and when necessary, just handing them cash.
None of this is being done pursuant to a bill passed by Congress. The American people never looked at the world situation and decided to spend their money to help people enter our country illegally. In fact, the overwhelming majority of Americans would reject any such proposal out of hand immediately.
All of this is being done by an administration that has chosen to ignore the American people, subvert national security and actively work to transform the demographics of our nation. The ultimate goal is clear. Millions of people who will vote Democratic for life will swamp our electoral system and nullify the votes of all those who stand in the way of a leftist agenda.
Any and all means will be used to make sure that transpires. That includes, it appears, handing illegals heading north debit cards paid for by you – the American taxpayer.”
This is Ethnic Cleansing.
They always change the name of their nefarious organizations. Lets see.. what is now STATE DEPT. BUREAU OF POPULATION , REFUGEES AND MIGRATION …. was most likely what Kissinger / Haig created , called the OFFICE OF POPULATION AFFAIRS.
If a 3rd world country wants US-AID , they ” control ” their population ( by whatever means , or they get war instead ). — Book , Behold A Pale Horse ; William Cooper. 1991
In the affluent Westchester suburbs and small cities, the Catholic churches have been operating an Underground Railway for the illegals as described in your post.
One of the cities in Northern Westchester (Peekskill) is now populated by a majority of Ecuadorians. The strange thing is that this used to have a substantial black population which has been completely displaced by the Latinos. If you look at the class pictures for elementary and jr. high school, you can see that the kids are now well over 90% Hispanic. Very few whites and blacks.
Meanwhile, the Catholic churches don’t even try to hide what they’re doing. Somehow these people manage to live quite well in one of the most expensive areas of the USA.
Haven’t looked at this in a while , but – ‘ Refugee Resettlement Watch . org / com ‘ had some good reporting.
Anne is the best.
Good link / resource. Thanks for sharing!
The government pays Catholic Charities for “resettlement.” Plus, they are hoping that these new “immigrants” attend mass. After all, they are from Catholic countries. Teachers’ unions also get fannies in the seats at public schools. Everybody wins! Except the taxpayers.
Catholic charities and the Lutherans, too.
And notice how well mass migration has worked in Sweden. Tucker Carlson talked a little about it tonight. Sweden’s Muslim immigrants are burning down buildings, cars, and the police can do little to stop it.
Radical feminism and abortion have led to low birthrates and immigrants to make up for all those aborted babies.
Or to help eliminate the rest of us when the famine is fully imposed.
All while Americans were being forced to get the jab, which aborts or mutilates unborn children and lays barren the jab recipient, contributing to the reduction of population of those lawful citizens. However, those entering our country illegally were NOT even tested, let alone jabbed. It’s all been in front of us but few cared to look.
After all the vaxxed dropped like flies, they needed new slaves to serve them.
Ethnic Cleansing a/k/a Population Replacement. The college-educated white women who prefer their “freedom” to “being punished with a baby” gave the progressives the opportunity they needed.
I never considered having a child “being punished with a baby”. I DID want the opportunity to attend college, which was not a given on my mother’s secretarial salary. I had the chops and did a BS in math and later a MS in Comp Sci. I married after college and had a child who has blessed me with four grandchildren. I loved my career and would have been bored in most others. I divorced his dad for a good cause. I was glad I had the background to earn my own living and support my son without the hard choices my mother had to make. My sister joined the Navy, married and went to school on the GI bill. After her bachelor’s she had a child, went back to school and got her doctorate in psychology. mom’s side. Do not paint with such a broad brush. My grandmother had no education and was stuck with my philandering grandfather. She was miserable. Back then, women’s options in the work world were dire, they could not even own a home.
Ya, kind of lets the cat out of the bag regarding their cluelessness in general. I liked the comment and found it very descriptive about them all chasing the soccer ball while ignoring the rest of the field. Very apropos. Everything is going great up until it isn’t which can be blamed on a variety of things and when things eventually self-correct (adapt) as they must they can take credit for the recovery. In their defense, their management of monetary policy has been better than it was a hundred years ago but, they have gotten pride full and self assured with power and you know what precedeth the fall.
I almost hit the post button and reread it as usual and it occurred to me having watched many a young child’s soccer game in my day that it is among the youngest that the tendency to cluster around the ball and have tunnel vision is most pronounced. This also ties in with the tendency of progressive/liberal/actual/fascists to always follow the media narrative bunny like racing dogs wherever it leads them.
according to most calculations, approximately 6 trillion in U.S. treasury bonds mature in 2022. More $$ will need to be borrowed, at higher interest rates, to refinance these bonds. J.P. Morgan stated the energy “crisis” will need 1.5 trillion to address it. This snowball is just starting to gain momentum.
That is one reason they need massive inflation. Helps to pay with inflated money.
Crimes against humanity by “experts”.
My tendency when I read these kinds of articles is the blurt out the word “idiots!” And though they are idiots, I have to remember that all of this is purposeful.
She is saying they were/are incompetent and incapable of doing the job they were hired to do. They all should be fired.
If a nurse only focuses on one patient and doesn’t notice her other patient is in cardiac arrest that nurse would be fired and sued for the unintended consequences of the death of patient that was ignored.
These people, the supposed “elite”, are so dumb and ruined the world for the rest of us as we all just sat back and let it happen!
IMF
Intentional Mental Failure
As long as there is food on their table….. THEY.DONT.CARE
All planned
Look I get it, when our God fearing unimpeachable media blasted Covid on the scene I got a real sick feeling. The toilet paper I found to be comical. What consumed my attention was the thought of economic engines that feed the world coming to a grinding halt. Looking back I realize what a fool I had been. I had no idea that monopoly game I played as a kid could work in reality; Oh but it did.
Yeah whatever you think about Covid we had no choice but to duplicate ones and zeros and roll with it. The average family is 6 meals deep and after that things get wonky especially in a land of guns aplenty. But the magic money tree is dying. It was given too much fertilizer. Funny because that’s in short supply.
This tree is dying. Our betters know this and have planned the outcome. They want the new tree to sprout in their Eden as the old one falls. Leaders like Vlad have said no and have offered to divide the new system by tying the fledgling oak to commodities. The old pricks who killed the tree said no.
Happy 4th Turning Everyone!!!
A decade or so ago I read an interesting piece about the return on stimulus dollars. It stated something to the affect of during the Reagan years, a dollar invested returned around $0.84 and that by the Clinton years that return was around or just just $0.50. The reduced amount of return correlating to debt.
If true and linear, we can assume virtually no return in todays debt ridden world
Yeah, the money tree is dying, rapidly.
This is pretty damn rich, even for a pos from the globalist bankers! Anyone with a remedial understanding of economics, knows what happens when money is created out of thin air in rapid abundance! “Whoops” my ass! While everyone’s investments are going into the shitter, they will absorb it for penny’s on the dollar, f us, and then make another windfall. This is what they have done FOREVER!! When German Marks were carried in a wheelbarrow during the Weimer Republic, these rat bastards didn’t miss a meal! “Unintended Consequences”??? There is no punishment too brutal for them!
So basically, any college freshman-level economics class could run the world economy as well as these clowns.
No, better. And certainly a GRADUATE of the Wharton School of Economics could run things, a LOT better!
She used the wrong prefix. It wasn’t UNintended consequences. The consequences were intended. You didn’t have to be a financial expert or the head of the IMF to see what was going to happen.
Exactly!!
These people were put in these positions by design.
They have to be dumb or couldn’t agree to their masters’ orders to self destruct.
This is what is so despicable on the left. Once they destroy things they will say they didn’t know. Wilensky learned about the jab consequences from CNN, remember. They are paid to know not come up with the dog ate my homework.
What goes around comes around …
Only a fool ignores the wise words of Jesus:
“which of you, desiring to build a tower, does not first sit down and count the cost, whether he has enough to complete it? Otherwise, when he has laid a foundation and is not able to finish, all who see it begin to mock him, saying, ‘This man began to build and was not able to finish.’
Or what king, going out to encounter another king in war, will not sit down first and deliberate whether he is able with ten thousand to meet him who comes against him with twenty thousand? And if not, while the other is yet a great way off, he sends a delegation and asks for terms of peace.” (Luke 14:28-32) (my emphasis)
This not only applies to government spending and involvement in war but also a much, much more serious matter. See the whole context.
I don’t believe that food shortages, inflation, economic contraction and huge debt are unintended at all.
The IMF’s predictive abilities are a joke:
https://rightwirereport.com/2022/04/23/truth-be-told-podcast-it-cant-get-worse-wanna-bet-april-23-2022/
Me, with only my high school education, saw the “cause and effect” of their policies when they were implementing them. Leftists only ever see their first move. Incapable of seeing anything beyond. That won’t change because they’re also incapable of self-reflection.
The “unintended consequences” shall include some form of justice against all the ones transferring the sweat and tears of the working class to themselves and their overlords. Otherwise, things will never normalize as one fien will replace another in their desire for fortune, power and/or revenge against the true patriot. I doubt the conditions exist for this situation to resolve itself without justice served. Pondering under what conditions would a fien leave peacefully? They already cheated openly. Why not do it again and again?
Maybe in a complete collapse they will leave–a very high price–since in such circumstances many (more than they imagine) will make them prey.
Causes and Consequences of the Oil Shock of 2007–08
https://www.atlantafed.org/-/media/documents/cqer/publications/workingpapers/cqerwp0902.pdf
That three day city food supply at the stores is down to one day, we are so close to the edge Of
social order breaking down.
No, we need to focus on removing these idiots and their ilk whose actions caused these “planned” unintended consequences.
some truths spoken by IMF …but only on the margins of truth and outright negative speculations.
for instance:
we are out of time already (climate change).
this is most certainly not true.
these are people who are guided by the meter of a single generation and lifetime of experience. That’s part of the problem with earth cycles meets silly people and their chicken little pov.
what is a reality is that there is PLENTY of time…regardless of the actions of humans, the earth will go on….plenty of time.
what does that earth look like being led by complete fools, degenerates, reprobrates? miserable…and that the leading weather.
the entire notion that these people can control or even make the earth climate submit to their whims is absolutely dumb and misinformed…on purpose.
at the highest level of global financial market making is this poisonous and obnoxious attitude, absent any reasoned falsified science or wisdom that there is some kind of solution to climate change.
there isn’t.
what is a very good idea…for those paying attention, I will continue to remind the lessons learned from covid pandemic:
therapy drugs…safe, effective, cheap and easy to manufacture, distribute …
same thing with climate change…
you cannot undo that crisis….you never can…what you MUST DO IS ADAPT …using what works right now.
instead of putting all the gold in one basket thinking for a magic pill.
you treat people so they can survive…
the world will naturally adapt to all manner of climate changes. Be it warming or cold.
that does not mean everyone will survive however.
that’s life. It’s what it is.
there is no grand solution that stops the pandemic..there is no grand solution for the changes in climate.
Never expect more than you will get from any Government Bureaucrat. These bozos will never do anything, much less do anything right. They can’t even run a “White House Easter Egg Hunt” without embarrassing the whole country. I can’t believe the American people decided to let them to pretend to run our entire Health Care System. We the People are undeniably messed up.
And now they want us to spend more money we don’t have — on Ukraine!
Dooes he mean the “unintended consequences” of DNC photocopiers manufacturing 81 million fictitious votes?
inflation was solely caused by the energy policy of idiot Biden. The printed money supposed to invest went straight to the stock market
Current US Inflation Rates: 2000-2022https://www.usinflationcalculator.com/inflation/current-inflation-rates/