International Monetary Fund Quotes

American global economic imperialism is a fact. It's a known fact. It's a simple fact.

The runs started in Thailand after the IMF intervened in such a dramatic way. Then the IMF came to Indonesia.

Whenever a Third World country accepts a structural adjustment loan and hence the imposition of a structural adjustment program, it has in effect delegated the task of running its economy to a foreign, non-elected body sitting in Washington DC.

Portfolio investment, often called 'hot money' because of its volatile nature, can increase the economy's vulnerability to the vagaries of international finance. Foreign direct investment, on the other hand, is far more stable and driven by domestic fundamentals.

Nicaragua is a World Bank and International Monetary Fund designated 'heavily indebted poor country,' with little legal ability to control its economic future: Everything is for sale. And once Nicaraguans decide to cash in and sell their houses or farms, they have to look far inland for anything affordable.

We must combat the over-riding interest of organizations such as The World Bank, The International Monetary fund … They work in collaboration of the most reactionary elements of Argentina.

Ireland, once an impoverished backwater from which generations fled, conjured an economic miracle…. After 2007, the party ended in a morass of insolvent banks, bad mortgages, and unpaid public debt, ultimately sending the proudly independent country begging to the International Monetary Fund.

Conflicts have to be resolved. That is the responsibility of leadership. And globalization is the biggest conflict today.

The problem with the World Bank and the IMF [International Monetary Fund] is that they have no constituency in the United States.

The more there is a European solution to a theoretical, but possible, problem in the markets, the less we will have to talk about an I.M.F. solution.

So it won't be a surprise when the Greek default actually happens and we expect it one way or the other to be relatively soon.

Conservatives believe that international institutions such as the United Nations are anti-American and anti-Israeli cabals. Progressives do not like the economic medicine that the International Monetary Fund (IMF) and World Bank force down the throats of developing countries.

Here are the folks that are involved in this New World Order: The United Nations [....] the World Council of Churches [.....] the Council of Foreign Relations, the Trilateral Commission, the Bilderbergers [.....] the International Monetary Fund [.....] the Club of Rome, the communists, the socialists, the National Education Association [.....] the NOW organisation, the ACLU, the Masonic Lodge.

With all that IMF money, the Thailand's and Mexico's are spared the consequences of their fiscal incompetence, and Wall Street's heavy hitters are spared the consequences of their stupid investments. The global economy is a rigged game, rigged so Third World politicians, rich investors and global corporations win - and U.S. taxpayers lose.

For a quarter-century, and changing only very recently, the main IMF prescription has been budgetary belt-tightening for patients much too poor to own belts. IMF led austerity has frequently resulted in riots, coups, and the collapse of public services.

I hope Greece is going to remain in the Euro zone.

The good thing about the IMF is there is no European politics involved.

Every sensible banker understands that Greece should not have received any more money: a bankrupt state that can never be expected to repay loans is not a good debtor.

We interpret our agreement with the IMF - our participation in the IMF's system of cooperation - as a borrowing agreement. The IMF sees it as an economic policy agreement. This is not in our interest.

The insidious aid culture has left African countries more debt-laden, more inflation-prone, more vulnerable to the vagaries of the currency markets and more unattractive to higher-quality investment.

If the IMF is correct (a big if), China will be the planet's No.1 economy by 2016. That means whoever's elected in November next year will be the last president of the United States to preside over the world's dominant economic power.

Political leaders cannot survive as advocates of near-permanent austerity on the basis of directives imposed from abroad.

That is what has happened to the United States in the international economic scene. We have deteriorated into a debtor status so that we are now dependent upon the kindness of strangers. That is not where the world's leading power should find itself.

A country does not go bankrupt.

To claim the World Bank is just an extension of U.S. foreign policy is just wrong.