Wednesday, January 18, 2017

Middle Class Crisis forms Populism

What should global integration be like?

2017, Davos, World Economic Forum:

Poor employment prospects and low-income growth in many developed economies have laid the groundwork for the rise of populism. Did policy-makers ignore these trends or do too little to redress them? What can be done to restore growth in the middle class and confidence in the future? This session was developed in partnership with Bloomberg.

Populism: Populism is a political style of action that mobilizes a largely alienated element of the population against a government seen as controlled by an out-of-touch closed elite that acts on behalf of its own interests. This has been with us since the dawn of civilization, the power elite sucking off humanities tit.  At the present time, civilizations around the world have had enough of the power monopoly structuring advancements of manipulation in all markets, corporations, politics and government.  The middle class always pays the price of policy pursued by more taxes and regulations that don't govern the family.

The example of this is seen in the face of Lagarde, at time stamp 40:04 (chuckles and smiles, photo above) when Summers mentions "What should global integration policies be like?  I would like to live in a world where the global policy community had devoted 10% as much energy to preventing tax arbitrage through escape of capital to tax havens and regulatory arbitrage through taking advantage of low regulation jurisdictions." (Thanks Larry, prime example of why he didn't take the Fed chair)  Also look at Padoan, ah Lagarde, you're on camera, watch her smirk fade.

Dec 19, 2016, Christine Lagarde convicted: IMF head found guilty of criminal charges over massive government payout in the misuse of hundreds of millions of euros in public money. Lagarde received no punishment, her response, “The risk of fraud totally escaped me.”

From this experience, let's look at the word justice for the elites, just-us.  Well, that's just dandy, the public has to follow the rules but the ones in the highchair get the 'get out of jail card' and continue their role with the assumption of the public that they have humanities best interest in mind.  Nothing could be further from the truth.

Populism has the elites very nervous, the public doesn't like you nor do we need you sucking the tit of humanity. The video content is about the middle-class crisis but the crisis is the globalist, like Obama, it's time for all of you to call 'Two Men and a Truck'.    


Francine Lacqua: Editor-at-Large and Presenter, Bloomberg Television 

Christine Lagarde: Managing Director, International Monetary Fund (IMF)

Pier Carlo Padoan: Minister of Economy and Finance, Ministry of Economy and Finance of Italy

Lawrence H. Summers: Charles W. Eliot University Professor, Harvard University

Ray Dalio: Founder, Chairman and Co-CIO, Bridgewater Associates, LP 

Henrique Meirelles: Minister of Finance, Ministry of Finance of Brazil 



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