Hot on the heels of the resignation of an IMF insider, The Telegraph (and countless other main stream publications) tell us with a tone of bewilderment that:
“The International Monetary Fund deliberately suppressed evidence that Europe was heading for a debt crisis, according to a blistering resignation letter from a senior economist at the fund”.
If our leaders, main stream pundits and economists need the IMF to warn them of the inevitable brick wall built into our monetary model, the inescapable conclusion is that our leaders and their acolytes must have an agenda. It is mathematically impossible for everyone to be unable to calculate the ramifications of this:
Now that a 20 year veteran of the IMF for God knows what reason stormed out of the building in a huff blaming all and sundry for what he suddenly feels is a wasteful, self serving corrupt entity (and I suspect it may be something personal that made Mr. Doyle throw his toys out of the pram after 20 years of riding the gravy train), the press and the punditry are shocked, shocked I tell you, that something like what Mr. Doyle describes in his letter may be going on at the IMF.
If some of you may wonder what the IMF has to do with US GDP and Debt figures, then you have not understood the implications of the US$ as a reserve currency let alone the implications of a Floating Exchange Rates.
All together now. We are shocked!
Tags: imf scandal, peter doyle, white collar crime