http://www.cbc.ca/news/business/story/2012/04/17/imf-economy-outlook.html obama wants to raise taxes to.. and why do this feminist thinks the outlook is aok?
Ok, I don't see this as a problem, although I guess being the first female in this position is most likely someone who favors feminism.
ah seems theres a connection here http://blog.lapetitefeministeanglaise.co.uk/post/7720837086/christine-lagarde-a-victory-for-feminism
i do seems like this is a pattern for world female dominace with sex as art of war http://www.smh.com.au/opinion/socie...prize-beyonce-and-lagarde-20110703-1gx7z.html
This woman is an a very high profile position. She is a lot like Warren Buffet, in that her words can have a great impact on the economy. Especially for a position that heads an international institution designed specifically to create economic stability and provide financial/economic advice to struggling countries around the world. What do you think the affect would be if she just came right out and told the world that everything is going to hell? She is obviously sugar coating the truth to how desperate the situation is in Europe. The article you linked mostly talked about how struggling governments like Italy are cutting spending and borrowing more money from banks. What the article isn't telling you is how those actions are actually affecting the more local or regional economies throughout Europe. In Greece for example, the government has cut spending by an incredible amount. Many people who have depended on government programs are now struggling, homeless, and aren't buying anything. The economy is not growing, which is what Greece needs if it is going to recover even if it can pay off all its debt. On top of that, citizens of Greece will likely have to face the fact that it can no longer continue to operate on such financial mismanagement and will have to learn to live with less. Otherwise they need to be producing more and bringing more money into the country if they want their welfare programs back. The only growth that was mentioned in that first link was the growth of the world economy overall. Keep in mind their expectation for this year is actually lower than last year's growth which was about 4 percent. Overall, it just sounds like the IMF and Europe have no idea what they are doing. For the last 4 years it seems like everyone has been just throwing money at this problem with very little to show for it. These are truly uncharted waters as we can see that the fate of Greece is just teetering on the edge of financial ruin.
This is gold! A woman does well in her profession and that not only makes her a feminist, but it also confirms the new world order.
Why should the US get out of the IMF, DG? Don't we get a lot of influence on IMF decisions and isn't a stable global economy to our benefit? Are you suggesting we have no interest in imposing conditions on badly managed nations or that the USA has no assets and does no business outside North America?
The United States provides the most funding for the IMF, its headquarters is in Washington, and the US pretty much took the initiative to establish it. There is no reason for the US to absolve itself from participating in this institution.