Greece and the IMF

APRIL 9th Greece is going to have to pay-out an IMF Loan and a lot of leaders are saying Greece does not have the money, or have any way of getting it. However, Greece Finance Minister says this is not the case, as they do have the money and have promised they will pay the IMF loan. For Greece to get more money from the IMF, Greece will have to push more austarity on their people, which in essences is what the bankers want.

Though its clear they are not going to do this because if they do, the people will rise up and kick their leaders out of office. And this is why Greece might pivot toward Russia.

We understand Greece officals have met with Putin and due to their financial curcumstance it doesnt sound like Russia is going to push the austerity button on the people of Greece. What we could very well see is Russia helping Greece.

We saw what Russia did with Cyprus, they restructured their loan, lowered the interest rate. We also saw they did the same with Cuba. And we could see they might do the same thing with Greece. Re structuring and spurring Greece s economic growth, removing the food ban and if this does occur a lot of the other countries are ready and willing to leave the Euro zone. A lot of these counrties are in the same situation and they are watching closely

If we recall way back in 2008 when Greece was initially bailed out, the IMF said everything as fine and we can see seven years later, Greece is worse off. Actually a Ukraine offical looked at all of the eurozone counties and said wait a minute, everything the IMF has told us to do in these countries has made it worse for those countries, not better. Today we simply have to look at the whole to see this statement is correct.

To bring this home to North America we only need to look at the Baltic Index that is at its lowest point ever. If we go back many, many years, actually if we only look back to last year, it is three times less then where it should be according to the illusion we are told of our economic recovery.

The Baltic Idex represents raw material factorys use to create product.Those products are shipped to retail outlets that are bought by North American family which feed our economic growth. However what we are seeing is families are tapped out, they are not purchasing, or worse if they are it is on credit. Therefore if product sales are down as we see major shifts with retail outlet like Future Store as one example. We see through the results of the Baltic index, if products are not purchased, raw material is not shipped to factories.

What we do see is the ISM -Services Business Activity says manufacturing has missed and tumbled to a two year low. Consumers are not spending. Jobs with above poverty wage scales are not available. For United States, 80 percent of job growth has sputtered or stalled according to a three year trend index. For the first three months of 2015 spending has been the lowest for most months last year.

Japan recently admitted their rising wage data for 2014 were fabricated and on close examination all the optimism was pre-election propaganda by the Abe government. Back in the USA the Fed s are saying the numbers the government is putting out right now, they dont know what to do with them as they are not making sense. Unemplyment, GDP, inflation, stock markets, real estate, you name it, the numbers are being manipuated. They are doing this on purpose, to have everyone confused.

Nothing going on here .. we are in a recovery.!

Seems since 2008 most everything has gotten worse, not better and countries around the world are seeing this and understand this and are realizing the bankers are de-dollarizing our economy right in front of our eyes.

One thing noticed is the governemnt of China has closed the enrollment window to join their new Asian Infrastructure Bank as a founding member. AIIB is designed to replace the western controled IMF and world bank. And prior to last weeks decline, dozens of counties around the world, New Zeland, Demark, UK, Switzerland, all joined up. The rest of the world is realizing the american dollar seems doomed. Former US Treasury Secretary Larry Sommers summed it up saying this might be remembered as the moment United Stated lost its role as the underrighter of the global economic system.

Did the US join the new AIIB? No they did not, they said they were going to, but were concerned how China was encrupting their data. Now the USA stands alone telling the media that Russia, China are isolated, but in all honesty, it is the USA bankers that has isolated themselves.

In Ukraine we understand the economy is not doing well. The people are not doing well and the IMF came out with their prediction and how the economy was going to get better, yet it continuely gets worse. Right now, the Ukraine economy suffers a 15 percent drop in GDP in the first 100 days of 2015.

Seems everything the IMF predicts comes out the opposite way and about three times as worse.

Recently there was a protest in Ukraine, Ukrainians' were allowed to protest for which the theme of the people was `we are not cattle.` The police state prohibited media coverage, even uploading of the protest to the internet, though there are insiders that have said the people of Ukraine want the government in Kiev to be removed, as of its corruption. We are starting to see things falling a part. Particularly regarding the outstanding payments of one million peoples` pensions, but that`s another article.