Christine Lagarde: Challenges for the Global Economy

Christine Lagarde, Managing Director, International Monetary Fund discusses the challenges facing the global economy. She was speaking at Chatham House, London, on 9 September 2011

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News & Politics

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• Christine Lagarde
• IMF
• Euro

[HemiHead66]

You want to fix the U.S. economy, stop treating the Chinese as slaves so they can grow their economy internally, instead of exporting to the world and putting millions out of work. They're even putting poor countries out of work now, I read something about the textile industry in Africa drying up. All these cronies care about is their stock price. Now a handful of pricks control all the wealth, and everyone else are left pissing in the wind. Smarten up before you wipe out the world economy.

[HemiHead66]

I'll give ya entitlement reforms right up your wazoo lady. This corrupt ass Govt. is done robbing the shit out of us to support their nation building adventures. These politicians are so corrupt that they give us a tax cut that's paid for by robbing our own retirement. As far as the healthcare / Medicare entitlement goes, we pay the highest costs in the world for healthcare (double anywhere else) and we rank like 37th on the list. Paying more for less benefits is outta the fucking question.

[waketheoblivious]

July 7, 09 the Piltdown Pope personally delivered an ecclesiastic letter to the G8 Conference, directing they gather the Nations of the earth & appoint a single moral authority as dictator (Anti-Christ). Press opted to cover M Jackson funeral. Vatican affirmation of evolution, heralded as an outward invitation to heal the division, is a TWISTED EVIL DENUNCIATION OF GOD & THE HOLY BIBLE. Satanists/Atheists received invitation to the Catholic (obtuse Christian) Church, they can't refuse.

[pondman27]

Fiscal consolidation! Sounds to me as though this is perhaps code for even more centralised imposition.

Inflation now comprises of the results of increased revenue collection and opportunism by corporations and governments.

Those difficulties mentioned for the USA have more to do with the criminal acts of wall street as evidenced by the current occupation by the people.

[pondman27]

So to hear the mention of security and wellbeing and even the notion of a crisis of confidence, better be described as economic terrorism being suffered by the peoples of the world is to be honest insulting.

Acting boldly would in the minds of many, involve something that the present system seems to be incapable of doing. Just as nine years ago on another fateful day, leaders gathered to resolve the debts of the two thirds world.

Economic growth is not the priority, people are.

[pondman27]

I am pleased to have confirmed the intimate relationship between the CFR and Chatham House. The reason being that many know of the documents obtained from the CFR dating back more than three decades where the plans to operate in multiple theatres of war were discussed.

The present wars of the last decade fall directly into those plans and the actions of the nation states involved.

[pondman27]

Must act now, boldly and together!

The health of the banks! Like increasing numbers of others I believe that it is the banking cabals and lackey markets that caused this bloody mess.

Inflation is the product of usury... prove me and my friends that this is not true.

Economic growth negates the ugly truth that monetarism along with corporatism that now can be evidenced to destroying all things of virtue and real value.

[flowewritharoma]

Madame Lagarde has a good speech ability. doesn't she have economic view of female specific thinking?for example,economic is represented house moneytary system.but actually global economy/macroeconomics isn't small like house.but we can think of economic is big but we must recognize great object,which understand framework we can realize.

[Juvenal4668]

If only we stood the slightest chance of hearing this level of rhetoric or understanding from any of the G7 leaders or their associated central bankers.

[Aeifygia]

Madame Lagarde, an E. Dickinson verse 4 U: "I found the words to every thought / I ever had -but One-/ And that -defies me- / As a Hand did try to chalk the Sun"

Hope U get the hint, hope you keep the faith and walk the talk. Have a nice stay in Marseilles. Love, /M.