Thursday, April 21, 2011

U.S. Corp and the Impending IMF Merger

This is a great and brief history of the IMF, and how it was born out of the ashes of WWII and became a tool/weapon of the U.S. in the ensuing decades.  This blogger ends with the point that the U.S. Dollar is approaching its endgame, and that there is a strong possibility that the IMF will step in and take our debt away.  In exchange, the dollar would no longer be tied to commodities, chiefly oil.  This means that we can no longer print debt at will.  Anyway, the article is excellent.  Analogizing the U.S. and other nations as corporations somehow made it a lot easier for me to understand. 

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