IMF Humiliates Greece, Repeats It Will Keep Funding Ukraine Even If It Defaults

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Predictably, the IMF commits to continue funding the fascist government in Ukraine – even if they default. Not so with Greece’s populist government.

Global Research, June 20, 2015
Zero Hedge 19 June 2015

lagarde_imf-400x209One week ago, we were stunned to learn just how low the political organization that is the mostly US-taxpayer funded IMF has stooped when, a day after its negotiators demonstratively stormed out of the Greek negotiations with “creditors”,  Hermes’ ambassador-at-large Christone Lagarde said that the IMF “could lend to Ukraine even if Ukraine determines it cannot service its debt.”

In other words, as Greece struggles to avoid a default to the IMF on debt which was incurred just so German banks can remain solvent and dump trillions in non-performing loans to US hedge funds and Greek exposure, and which would result in the collapse in the living standards of an entire nation (only for a few years before an Iceland-recovery takes place, one which Greece would already be enjoying had it defaulted in 2010 as we said…

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10 thoughts on “IMF Humiliates Greece, Repeats It Will Keep Funding Ukraine Even If It Defaults

  1. This system will continue until it devours itself or we put an end to it. It always amazes me how the seven billion of us allow a few million psychotics to control and destroy us in this manner. It truly is The Mouse that Roared scenario.

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  2. What gets me is that the IMF have been doing this to African nations for years, but as soon as it’s a western country people come up in arms about it. I hope Greece do default and send a clear message to the IMF ‘enough is enough’. Check out Positive Money and also my posts:

    https://ideasofmassdestruction.wordpress.com/2014/10/20/money-is-not-real/?preview=true&preview_id=791&preview_nonce=31ab602403

    https://ideasofmassdestruction.wordpress.com/2014/01/17/how-to-sort-out-the-economy/?preview=true&preview_id=472&preview_nonce=28313f92c9

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    • Great posts. I’m a big fan of Positive Money. We have our own branch here in New Zealand. Our economics issue group in the NZ Green Party is lobbying really hard to get the Party to adopt a sovereign money plank like the UK and US Greens.

      Liked by 1 person

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