Tag Archives: world bank

Business/Economics, International, U.S.

Global Economic War: World Bank threatens China, more proof of conspiracy to privatize world governments!

The Wall Street Journal says a report titled China 2030, to be released on February 27, indicates that China’s booming economy will soon go bust if it doesn’t implement radical reforms.

The report comes from the World Bank, and a think tank supposedly connected to the Chinese government.

The China 2030 report will be released in China on Monday.  It calls for the officially communist Chinese government to sell off the last of its state owned businesses, possibly including its four major banks.

Allegedly the China 2030 report says China’s economy will begin to go bust by 2015, if it does not fully privatize its industries.

 

 

 

Business/Economics, International, U.S.

Global Economic War: World Bank says China’s Yuan would make a good replacment for the U.S. Dollar

“The Chinese policy mix includes a tool box of administrative measures … In general, one of the lessons that the United States and others can learn (from China) is that to have supervisory policies for bank regulatory systems can be a useful part of the tool set.”–Robert Zoellick, World Bank president

Zoellick gave a speech in Australia, August 14, and made it clear that China was a shining example of how economic policies should work.  In fact he said that China’s yuan may help the world pull through “a time of danger.”

Zoellick did warn that the current inflation situation, in China, might be tougher to control than Chinese officials think.

The World Bank president also hinted that China’s cooperation with the bank, creating a “catalyst for consensus”, would benefit China in the near future.

Business/Economics, International, U.S.

What Economic Recovery? World Bank says things are gonna get worse, public protestors are the new terrorists, China the new financial power house

“In the past couple of weeks, the world has moved from a troubled multi-speed recovery to a new and more dangerous phase.”-Robert Zoellick, World Bank president

In an interview with Australian media, the president of the World Bank says things are not getting better, and anyone who complains about the drastic cuts in their taxpayer funded social programs is a terrorist!

“We are in the early moments of a new and different storm, it’s not the same as [the] 2008 [financial crisis].”

Zoellick says the debt situation in Europe is much worse than what’s being reported.  He also says governments took too long to take action.  Because of the slow response, of Europe and the United States, to deal with economic and financial problems, the world’s financial power is rapidly moving in China’s favor.

Zoellick also said that public protests over drastic government cuts in social programs are a threat, and he agrees with government crack downs on protestors: “I believe what British Prime Minister David Cameron is doing in the U.K. is really necessary.”

So you see the new terrorists in the new global economic war, is you!  


International

Food Crisis: World Food prices in “Danger Zone”, creating Mass Poverty

The U.S. based World Bank says international food prices have entered the “danger zone”, and are heading towards the “tipping point”.

World Bank president, Robert Zoellick, blames in on several things.

People in countries where the economies are good, are buying more meat.  The problem is that increasing meat production means more grain crops going to ranchers, instead of food for people.  Crops used for bio-fuels, instead of food,  is also a problem.

Then there’s a supply system problem; it’s taking longer to rebuild stocks of basic food ingredients, once they are used up.  This is made worse by the fact that many countries are facing lower crop production mainly because of climate change (cold wx, flooding and drought).

Add to that oil.  Petroleum is used for fertilizers, pesticides, etc, and that is adding to the cost of food production.

One country, China, is so scared of lack of food that they’re buying up huge tracts of land in Africa for food production.

Zoellick says this is a long term problem, we’re only at the beginning of higher food prices.  Also, while countries with more money to buy food are seeing higher prices, the poorer countries are paying far more for their food.

Zoellick says just since last year the higher prices have pushed 44 million people into poverty.  He predicts another 10% increase in food prices will push another 10 million people into poverty.