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Thursday, June 06, 2013

IMF admits errors on Greek bailout
The International Monetary Fund (IMF) has admitted it failed to fully realise the severity of the bailout conditions imposed on Greece. The Washington-based fund acknowledged making mistakes in its past analysis, overestimating growth projections and rewriting the rules because of fear of Greek contagion. 

World Bank Insider Blows Whistle on Corruption, Federal Reserve
...the global financial system is dominated by a small group of corrupt, power-hungry figures centered around the privately owned U.S. Federal Reserve.  

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