Upcoming Events

International | Anti-Capitalism

no events match your query!

New Events

International

no events posted in last week

Blog Feeds

The Saker
A bird's eye view of the vineyard

offsite link Why Donald Trump Had to Go Fri Jan 22, 2021 17:58 | amarynth
By Peter Koenig for the Saker Blog There is an agenda. A huge agenda. It is a Globalist agenda that is in the process of inflicting gigantic harm to humanity.

offsite link Iran And Israel Are Gearing Up For A War Fri Jan 22, 2021 15:47 | amarynth
South Front The Greater Middle East has been gearing up for a new war. The Iranian parliament announced that it is preparing a draft resolution on a ?defense and security

offsite link The Defense of Mr. Trump Thu Jan 21, 2021 22:37 | amarynth
By Sushi for the Saker Blog The header picture shows the rotunda dome of the People’s House as first seen by me in a video captured on 1/6. I had

offsite link The Making of US Empire at the dawning of its end Thu Jan 21, 2021 16:07 | amarynth
by Pepe Escobar posted with permission and first posted at Asia Times As the Exceptional Empire gets ready to brave a destructive ? and self-destructive ? new cycle, with dire,

offsite link Which nation will US Democrats try to destroy in the next 4 years? Thu Jan 21, 2021 02:42 | amarynth
by Ramin Mazaheri (@RaminMazaheri2) and cross-posted with PressTV John Kennedy?s ?Camelot? was a magical time for US leftists. Too bad its promise was not fully realised – his attempted armed

The Saker >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Mainstream media: Failing to speak truth to power

offsite link David Quinn’s selective tolerance Anthony

offsite link A Woulfe in judges clothing Anthony

offsite link Sarah McInerney and political impartiality Anthony

offsite link Did RTE journalists collude against Sinn Fein? Anthony

Public Inquiry >>

Human Rights in Ireland
A Blog About Human Rights

offsite link Poor Living Conditions for Migrants in Southern Italy Mon Jan 18, 2021 10:14 | Human Rights

offsite link Right to Water Mon Aug 03, 2020 19:13 | Human Rights

offsite link Human Rights Fri Mar 20, 2020 16:33 | Human Rights

offsite link Turkish President Calls On Greece To Comply With Human Rights on Syrian Refugee Issues Wed Mar 04, 2020 17:58 | Human Rights

offsite link US Holds China To Account For Human Rights Violations Sun Oct 13, 2019 19:12 | Human Rights

Human Rights in Ireland >>

Spirit of Contradiction

offsite link The Party and the Ballot Box Sun Jul 14, 2019 22:24 | Gavin Mendel-Gleason

offsite link On The Decline and Fall of The American Empire and Socialism Sat Jan 26, 2019 01:52 | S. Duncan

offsite link What is Dogmatism and Why Does It Matter? Wed Mar 21, 2018 08:10 | Sylvia Smith

offsite link The Case of Comrade Dallas Mon Mar 19, 2018 19:44 | Sylvia Smith

offsite link Review: Do Religions Evolve? Mon Aug 14, 2017 19:54 | Dara McHugh

Spirit of Contradiction >>

IMF Chief Warns of Financial Disaster Driven by Inequality

category international | anti-capitalism | press release author Friday January 17, 2020 18:03author by Kate Zeller - Jubilee USA Network Report this post to the editors

IMF Head Kristalina Georgieva warns of a return of the Great Depression driven by inequality and financial sector instability in a speech delivered at the Peterson Institute of International Economics.

Washington DC - IMF Head Kristalina Georgieva warns of a return of the Great Depression driven by inequality and financial sector instability in a speech delivered at the Peterson Institute of International Economics. Georgieva highlighted new IMF research that compares the current economy to the "roaring 1920s" economy that culminated in the great market crash of 1929.

"The IMF delivered a stark message about the potential for another massive financial disaster that we last experienced during the Great Depression," noted United Nations finance expert and Jubilee USA Director Eric LeCompte. "With inequality on the rise and concerns of stability in the markets, we need to take this warning seriously."

In addition to financial sector stability and growing inequality, Georgieva shared that we face additional challenges in the current economy.

"Trade problems and climate-driven weather events pose additional risks at this time," said LeCompte. "It's imperative that we ensure the financial sector is free of risky behavior and corruption if we want to protect ourselves from another global financial crisis."

Related Link: http://www.jubileeusa.org
© 2001-2021 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy