IMF Says Advanced Economies Already in Depression - GoFuckYourself.com

Quotealex · 02-07-2009, 05:16 PM

Man, this economy is getting worse and worse

http://www.bloomberg.com/apps/news?p...d=a6aaWZ8ab8yU

Agent 488 · 02-07-2009, 07:38 PM

no shit. you would have to be a delusional idiot to think otherwise.

onwebcam · 02-07-2009, 07:43 PM

Considering the IMF controls the purse strings. Who's fault do you think it all is? Figure out who controls the IMF and you win a prize.

spacedog · 02-07-2009, 07:44 PM

fatfoo · 02-07-2009, 08:24 PM

Barack Obama said it's gonna be the worst recession since the Great Depression. I think it's gonna get pretty bad. I agree with budsbabes on the point that you would have to be a delusional idiot to think otherwise.

Onwebcam, do I win the prize?

For starters 48 per cent of voting power at the IMF is in the hands of eight executive directors representing their own countries (USA, Japan, Germany, France, United Kingdom, Saudi Arabia, China, and the Russian Federation) while the other 176 member-states have 16 representatives with virtually the same voting power. At the WB the same executive nations apart from China again hold nearly half (46 per cent) of voting power. In the WTO, although all 144 member nations theoretically have a say, actual decision-making occurs in the "green room" - the small group meetings convened by the director-general and heavily influenced by Canada, the European Union, Japan and the United States. None of the countries listed above is in the southern hemisphere, and none is a 'developing' (poorer) country.

Not one member of the boards of directors in the IMF is a woman, and 92 per cent of board members at the WB are male. By convention Europeans select the director of IMF and the US government selects the head of the WB. 'Other countries and critics rightly brand the process as undemocratic and insufficiently accountable', the United Nations Human Development Report 2002 [HDR] comments.

Quotealex · 02-08-2009, 09:49 AM

Quote:

Originally Posted by budsbabes

no shit. you would have to be a delusional idiot to think otherwise.

Than i guess I am, or I was until than!

HorseShit · 02-08-2009, 09:56 AM

it's fucked

02-07-2009, 05:16 PM	#1
Quotealex Confirmed User Join Date: Sep 2001 Location: The Global Digerati Village Posts: 6,265	IMF Says Advanced Economies Already in Depression Man, this economy is getting worse and worse http://www.bloomberg.com/apps/news?p...d=a6aaWZ8ab8yU

02-07-2009, 07:43 PM	#3
onwebcam Fake Nick 1.0 Industry Role: Join Date: Oct 2005 Location: Rent free, your head Posts: 27,679	Considering the IMF controls the purse strings. Who's fault do you think it all is? Figure out who controls the IMF and you win a prize. __________________ PLEASE WAIT WHILE BIDEN ADMIN UNINSTALLS ITSELF..... ██████████████████▒ 99.5% complete.

02-07-2009, 08:24 PM	#5
fatfoo ICQ:649699063 Industry Role: Join Date: Mar 2003 Posts: 27,763	Barack Obama said it's gonna be the worst recession since the Great Depression. I think it's gonna get pretty bad. I agree with budsbabes on the point that you would have to be a delusional idiot to think otherwise. Onwebcam, do I win the prize? For starters 48 per cent of voting power at the IMF is in the hands of eight executive directors representing their own countries (USA, Japan, Germany, France, United Kingdom, Saudi Arabia, China, and the Russian Federation) while the other 176 member-states have 16 representatives with virtually the same voting power. At the WB the same executive nations apart from China again hold nearly half (46 per cent) of voting power. In the WTO, although all 144 member nations theoretically have a say, actual decision-making occurs in the "green room" - the small group meetings convened by the director-general and heavily influenced by Canada, the European Union, Japan and the United States. None of the countries listed above is in the southern hemisphere, and none is a 'developing' (poorer) country. Not one member of the boards of directors in the IMF is a woman, and 92 per cent of board members at the WB are male. By convention Europeans select the director of IMF and the US government selects the head of the WB. 'Other countries and critics rightly brand the process as undemocratic and insufficiently accountable', the United Nations Human Development Report 2002 [HDR] comments. __________________ Send me an email: [email protected]

02-07-2009, 07:38 PM	#2
Agent 488 Registered User Industry Role: Join Date: Feb 2006 Posts: 22,511	no shit. you would have to be a delusional idiot to think otherwise.

02-07-2009, 07:44 PM	#4
spacedog Yes that IS me. Bitch. Industry Role: Join Date: Nov 2001 Posts: 14,149

02-08-2009, 09:56 AM	#7
HorseShit Too lazy to set a custom title Join Date: Dec 2004 Posts: 17,513	it's fucked