F Dominicus Blog

A politically incorrect blog about matters of money, government, bureaucracy, freedom and sometimes something else.

Really bad news

Mrs Lagard will follow Strauss Kahn.

http://mises.org/Community/blogs/fdominicus/archive/2011/05/23/thanks-but-not-to-mrs-lagarde.aspx Oh well now we have another potential defrauder and definitive a centralist at the top if the IMF. Now I bet Greece will get some more money, even if the IMF has guide lines which would forbid that.

Now we have new centralists and monetary policy believers in the ECB and the IMF. That's so sorry fucking bad, that I could just cry

So we'll see new establishemnts of lendors of las resort, stuffed with tons of "new debt". No state has some money left to pay for it without new credits. So the money avalanche will get bigger and bigger. I just kindly remind you of: http://mises.org/Community/blogs/fdominicus/archive/2011/02/03/my-predictions.aspx

It gets more and more nightmarish....