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Happy talk from the IMF must be viewed with a cool forensic eye as the western world faces hard times
The UN's economic agency, the International Monetary Fund (IMF), now tells us what the world needs now is less inflation, followed by a bout of "monetary easing", that is the printing of money, that caused inflation in the first place.
Towards the end of the IMF press release it confesses to a more realistic, albeit gloomy view, that "bringing inflation back to target should remain the priority, but we are not there yet".
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Is the US shedding crocodile tears for the family farm while gathering eco-friendly fuel
It appears that the US Biden administration at this late date is cosying up to a sweet vision of family farming, which it now concedes has been largely lost in today's America.
In a spirit of regret, according to Bloomberg News, the "US is betting the transition to cleaner energy combined with massive infrastructure investments will reverse a persistent decline in family farms, creating new revenue opportunities for growers while boosting their ability to compete overseas".
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Having diagnosed blockages in the world's cardio-vascular system, what's to be done?
The complacency with which we regard World Economic Forum plans to reform planetary life would be astonishing if we were not inured to the fact that many already see the WEF as a snake in the grass it appears to be - even if we do not know what to do about it.
While one can appreciate the danger it poses, we still half expect the media to discuss the various sides of the question and provide a public airing of the issues involved as we once expected it to do.
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Considering a slimming regime to counter the transport sector's bureaucratic complexity
There was a recent exchange from an expert who suggested that bureaucratic complexity in the West had become so obese that it was impossible to reform. Firing a functionaire for cause had become a practical impossibility because of the litigation involved.
In a TikToky news flash from the British podcast "Trigonometry" this expert with that knowing voice that marks the breed, posited that we had reached something of a Fourth Industrial Revolution, a life beyond the old polarities of right and left, socialism and capitalism. Such things no longer applied. It seemed as obvious to him as it is to the World Economic Forum, from whence all such wisdom flows. So it was only recognising the obvious.
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