Showing posts with label International Organisations. Show all posts
Showing posts with label International Organisations. Show all posts
27 June 2016
25 January 2011
WEF Davos - neither economy nor development
Neither the economy nor development is the main subject of the Annual Davos Circus. Apart from the fact that 4,000 Swiss soldiers are protecting the 'Forum' (at a cost of Sfr 1.5 million) the only reason for the media circus seems to be the self-promotion of the various participants. While some of them may have their participation paid for by the forum the majority is there courtesy of the taxpayer or shareholder of their country or company and is happy to freeload at other people's expense. Quite what the purpose of all this hot air should be becomes more and more unclear and the significance of this PR stunt declines as the number of gawking media representatives rises.
22 January 2011
IMF agrees $ 30 Billion loan for Poland
How much longer can international organisations distribute helicopter money to countries that are perfectly capable to keep their own financial affairs in order? And where is this supposedly 'free' money coming from? How are the citizens of the states that guarantee this largess able to supervise this spending?
Subscribe to:
Posts (Atom)