The IMF Dread Resistance to Globalization
A highly revealing statement made by Louis Kuijs, a former official with the International Monetary Fund (IMF) and current head of the Asia Economics at Oxford Economics in Hong Kong, exposes the deep awakening taking place around the globe.
Kuijs said, “The backlash against globalization is manifesting itself in increased nationalistic sentiment, against the outside world and in favor of increasing isolation.”
As the IMF policymakers gathered on October 7-9 in Washington, D.C., for the annual meeting of the IMF, based on those meetings, it was obvious that the World Bank was deeply concerned about recent unfolding events which could affect their pending agendas.
One of the major issues facing the globalists’ agenda is that countries around the world are now recognizing the existence of a one world economy would destroy national sovereignty.
The IMF’s stated purpose is the construction of an international payment system based on the American dollar, and the promotion of international trade.
The integration of all nations’ economies, occurring since WWII, has been the prime ambition of the elites.
However, several components have converged recently to threaten that objective.
This includes the realization for a growing number of countries that globalization is actually disrupting national economies rather than being a benefit, and that national sovereignty is being lost as a result of so-called free trade deals.
When Britain voted to exit the European Union (EU) this summer, it delivered one of the most devastating blows suffered in decades against the crusade for a one world government.
The surprising nomination of Donald Trump and his “America First” campaign was largely due to his opposition to trade deals that diminish American national sovereignty.
The IMF released its latest World Economic Outlook on Tuesday of this past week, arguing that the anti-trade movement will further threaten a world economy plagued by stagnant wages.
Interestingly, the Outlook indicated that U.S. economic growth is lagging behind world economic growth.
The Outlook is predicting an economic growth for the world economy of 3.1 percent for this year, but a mere 1.6 percent for the economy of the United States.
The World Bank is a United Nations associated institution that provides loans to developing countries.
While its stated goal is to reduce poverty, in its Articles of Agreement, it is clear that a commitment to international trade is the guiding principle of the organization.
Together, the IMF and the World Bank are the twin pillars of the world establishment.
Christine Lagarde, the managing director of the IMF, explained that both organizations are hoping to achieve two goals during this week’s meeting: first, to successfully resist the efforts to throw up protectionist barriers to trade, and second, to take action to increase global economic growth.
Unfortunately for those who control the IMF and the World Bank, trade deals are extremely unpopular around the world right now.
In the United States, both presidential candidates have publicly opposed the Trans-Pacific Partnership (TPP) trade deal.