Upcoming Events

International | Anti-Capitalism

no events match your query!

Blog Feeds

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Elaine Byrne: Lacking moral courage to name names

offsite link Real democracies and referendums Anthony

offsite link Public Services Card: Some still forced to comply Anthony

offsite link Catholic Church: Dark influence still active Anthony

offsite link Tom Parlon launches new career in comedy Anthony

Public Inquiry >>

The Saker
A bird's eye view of the vineyard

offsite link Interview with Diana Johnstone by the Saker Italia Sat Feb 29, 2020 09:37 | amarynth
We interviewed Diana Johnstone, journalist and political writer, whose articles on politics and analysis on the contemporary global ?hot? issues have already been published on Saker Italia. Thanks to her

offsite link It?s time for Ankara to accept the realities of the Syrian war before it?s too late (UPDATED!) Fri Feb 28, 2020 23:15 | amarynth
By Aram Mirzaei for the Saker blog The two months long Syrian Army offensive in the Idlib and Aleppo provinces culminated in Aleppo’s complete liberation from the jihadist terrorists of

offsite link ASSANGE EXTRADITION: Can a French Touch Pierce a Neo-Orwellian Farce? Fri Feb 28, 2020 23:08 | amarynth
by Pepe Escobar and crossposted with Consortium News It’s quite fitting that the ? imperially pre-determined ? judicial fate of Julian Assange is being played out in Britain, the home

offsite link Are Russia and Turkey on a collision course? Fri Feb 28, 2020 02:38 | The Saker
[this analysis was written for the Unz Review] The murder of the Iranian hero-martyr General Soleimani created a situation in which a war between Iran and the Axis of Kindness

offsite link Moveable Feast Cafe 2020/02/27 ? Open Thread Thu Feb 27, 2020 20:30 | Herb Swanson
2020/02/27 20:30:03Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of

The Saker >>

Human Rights in Ireland
A Blog About Human Rights

offsite link Latest Listings Mon Feb 10, 2020 10:07 | Human Rights

offsite link Latest Updates Thu Nov 21, 2019 20:32 | Human Rights

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

offsite link UN Human Rights Council Should Address Human Rights Crisis in Cambodia Sat Aug 31, 2019 13:41 | Human Rights

offsite link Fijian women still face Human Rights violations Mon Aug 26, 2019 18:49 | Human Rights

Human Rights in Ireland >>

Cedar Lounge
"A flaky website that purports to be ?leftist,? The Cedar Lounge Revolution, occasionally makes a relevant point or two."

offsite link That phone on Veronica Mars 11:14 Sat Feb 29, 2020 | WorldbyStorm

offsite link Veronica Mars cameo?s? 10:14 Sat Feb 29, 2020 | WorldbyStorm

offsite link Veronica Mars Season 2 09:14 Sat Feb 29, 2020 | WorldbyStorm

offsite link This Weekend I?ll Mostly Be Listening to? Songs from Veronica Mars 07:12 Sat Feb 29, 2020 | WorldbyStorm

offsite link Interview with Dave Robinson of Stiff Records 14:25 Fri Feb 28, 2020 | WorldbyStorm

Cedar Lounge >>

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
© 2001-2020 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