Saturday, October 17, 2020

Very Dangerous: Top IMF Official Calls For a New Bretton Woods Moment

Kristalina Georgieva

On Thursday, Kristalina Georgieva, IMF Managing Director, signaled that she was all in on using the COVID-19 panic for the Great Reset, although she called it a "new Bretton Woods Moment."

In a virtual presentation, she told the 2020 Annual Meetings of the Boards of Governors of the World Bank Group and the International Monetary Fund:

Reflecting on the dramatic change in the world over the last year, I paid a visit to the Bretton Woods, New Hampshire, where 44 men signed our Articles of Agreement in 1944. Our founders faced two massive tasks: to deal with the immediate devastation caused by the War; and to lay the foundation for a more peaceful and prosperous postwar world.

At the conclusion of the conference John Maynard Keynes captured the significance of international cooperation as hope for the world. “If we can continue…The brotherhood of man will have become more than a phrase", he said.

As we look forward to welcoming Andorra as our 190th member, the work of the IMF is testament to the values of cooperation and solidarity on which a sisterhood and brotherhood of humanity is built.

Today we face a new Bretton Woods “moment.” A pandemic that has already cost more than a million lives. An economic calamity that will make the world economy 4.4 % smaller this year and strip an estimated $11 trillion of output by next year. And untold human desperation in the face of huge disruption and rising poverty for the first time in decades.

Once again, we face two massive tasks: to fight the crisis today— and build a better tomorrow... 

We face what I have called a Long Ascent for the global economy: a climb that will be difficult, uneven, uncertain—and prone to setbacks.

But it is a climb up. And we will have a chance to address some persistent problems — low productivity, slow growth, high inequalities, a looming climate crisis. We can do better than build back the pre-pandemic world – we can build forward to a world that is more resilient, sustainable, and inclusive.

We must seize this new Bretton Woods moment... 

The best memorial we can build to those who have lost their lives in this crisis is, in the words of Keynes, “that bigger thing”— building a more sustainable and equitable world.

Our founders did it. It is now our turn. This is our moment!

And so, not really a surprise, but the head of the IMF is promoting in her own words the Great Reset that is being spearheaded by the founder of the World Economic Forum, Klaus Schwab.

Make no mistake, this a move by multi-national globalists, in the worst sense of the word, to control us all.

"Reimaging" is a code word for gaining more global power. This is an extremely dangerous effort.


1 comment:

  1. On a positive note, I had never heard of Andorra. It looks kind of pretty.