credit crisis

credit crisis

Wikileaks Exposes IMF Plot To Destabalize Europe At Brexit Referendum - Planned Greece Credit Crisis

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This morning Wikileaks published a teleconference that took place between two of the top IMF officials in charge of managing the Greek debt crisis. This teleconference is said to of taken place on March 19th between Poul Thomsen, the head of the IMF's European Department, and Delia Velkouleskou, the IMF Mission Chief for Greece. This leaked transcript is just further confirmation of how super-national organizations such as the IMF, plan European crises prior to them taking place, in some cases creating the crisis in the first place, all with the aim that by doing so, the end outcome can be better placed in line with the IMF's wanted agenda for the region. https://wikileaks.org/imf-internal-20160319/ This is not new, as reported by Zero Hedge, about 1 month ago the former head of the Bank of England, Mervyn King, admitted that Europe’s current economic depression "is the result of deliberate policy choices made by EU elites. It is also what AIG Banque strategist Bernard Connolly said back in 2008 when laying out What Europe Wants". What this all breaks down to in the end is the IMF's constant practice "to use global issues as excuses to extend its power", and knowing this past pattern, makes the recent IMF teleconference nothing but business as usual. http://www.zerohedge.com/news/2016-03-02/striking-admission-former-bank-england-head-european-depression-was-deliberate-act In the recorded transcript, several top IMF officials talk about how the threat of an imminent financial catastrophe is needed to force other players into accepting the IMF's wanted measures, such as cutting Greek pensions and working conditions. As Bloomberg puts it, the IMF is "considering a plan to cause a credit event in Greece and destabilize Europe." http://www.zerohedge.com/news/2016-04-02/wikileaks-reveals-imf-plan-cause-credit-event-greece-and-destabilize-europe What the recording makes apparent is that the IMF wants to push for a debt haircut for Greece and they believe a credit event is the only thing that could trigger a Greek deal. The specific "event" is hinted as being planned to take place sometime around the end of June, at the same general time as the Brexit referendum. As stated by Bloomberg, the leak shows officials linking Greek issues with the UK referendum, which risks general political destabilization in Europe. The overall take-away from the leaked transcript is that the IMF plans to use Greece as a pawn in its ongoing negotiation with Germany, in order to achieve the desired Greek debt reduction which Germany has been strongly against. Going even further, the leak talks about the IMF's intention to threaten German Chancellor Angela Merkel and to force her to accept the IMF's demands during this critical time. Paul Mason of medium.com has chimed in on this topic, saying that this could easily end up being the next big political scandal in the coming months. He states that "The International Monetary Fund has been caught red handed, plotting to stage a credit event that forces Greece to the edge of bankruptcy, using the pretext of the Brexit referendum". He then went on further to state that the planned "event is a financial crisis bringing Greece close to default. Just like last year, when the banks closed, and millions of people faced economic and psychological catastrophe". In other words "the IMF is conspiring to hit [Europe] with the shock doctrine" https://medium.com/mosquito-ridge/imf-plots-new-credit-event-for-greece-534b4b300318 As reported by Bloomberg, "Greece wants to know whether Wikileaks report regarding IMF anticipating a Greek default at about the time of the UK June 23 referendum on its EU membership is the [International Monetary] fund’s official position", but they are unlikely to get a straight answer from the IMF, whose official policy is to not confirm, nor deny, any information that is leaked or is from internal conversations or meetings. So what are your thoughts on this IMF "planned credit crisis ev...