International Monetary Fund

As the world's elite gather in Davos to decide for the minions what the world should look like, The IMF has taken a far dimmer view of global (and by that we mean Trumpian) economic growth than markets appear to be. In addition to slashing Brazilian, Mexican, and Saudi Arabian economic growth forecasts, Lagarde's lackeys are taking a cautious stance toward the policies of U.S. President-elect Donald Trump, who takes office this week, assuming only a modest boost to the U.S. economy from his promise of fiscal stimulus.

The only time Jesus Christ showed anger in public was when he violently overturned tables belonging to moneylenders who had set up shop at a house of worship. The managing director of the IMF Christine Lagarde has been found guilty of criminal negligence by a Paris court, but the 60-year-old won’t be facing a fine or prison term. A Global Research report: IMF operations make loan-sharking look respectable by comparison, debt-entrapping nations, obligating them to take new loans to service old ones.

It was just a few short days ago, on Wednesday of last week, that Ukraine's largest lender, PrivatBank, said that reports it will be nationalized were "attempts to create panic and destabilize the political situation in the country."

Venezuela’s inflation has officially become the 57th official, verified episode of hyperinflation and been added to the Hanke-Krus World Hyperinflation Table, which is printed in the authoritative Routledge Handbook of Major Events in Economic History (2013). An episode of hyperinflation occurs when the monthly inflation rate exceeds 50 percent for 30 consecutive days. Venezuela's monthly inflation rate first exceeded 50 percent on November 3rd and continues to do so, sitting at 131 percent as of December 11, 2016.

Submitted by Michael Shedlock via MishTalk.com,

On the same day Matteo Renzi suffered a crushing defeat at the hands of alleged “populists” in Italy, German finance minister Wolfgang Schäuble ruled out debt relief for Greece ahead of a eurozone finance minister meeting. 

Schäuble says Greece Must Reform or Leave Eurozone.