Former Top IMF Official To Transfer To European Central Bank

ECB Hopes To Increase Economic Growth As Eurocratic Neoliberalism Continues To Stall

Christine Lagarde, the former managing director of the International Monetary Fund, has been nominated by the European Council to serve as the next president of the European Central Bank.

The ECB recently announced that it will consider further economic stimulus if Europe’s economic situation continues to deteriorate. However, the globalist bankers and European bureaucrats may find it difficult to reinvigorate an international economy that is stagnating due to their own exploitive neoliberal policies.

Unfortunately, Lagarde’s past as head of the IMF, which dates back to 2011, does not bode well for an ideological turnaround. In recent years, the IMF has targeted Bitcoin as a potential threat to their control over the global economy, and supported the South African government’s racist policy of seizing white-owned land without compensation. Such policies are a troubling but predictable mirror of the European Union’s own repeatedly demonstrated agenda of oppressing its citizens and attacking their freedoms.

The next steps in Lagarde’s nomination process will be a vote in the European Parliament and by the finance ministers, with the final decision residing with the EU heads of state. Regardless of the ultimate decision, it seems a foregone conclusion that all that is occurring is the globalist liberal banking/bureaucratic complex passing its own lackeys around into different positions of power without changing the goals shared by any of the institutions they lead, of eroding state sovereignty, national integrity, and personal freedom.

Written by Kris Malysz

Kris Malysz is a contributor to The Schpiel.


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