Share this comment
Mr. Good,
Everything you say is TRUE. And, as you can see the IMF (and World Bank & UN) are just continuing with the same policies and trajectory. (Pls. see quenbywilcox2.wixsite.c…). But, NO ONE is calling out some of the actors currently involved. I worked in the IMF Institute for Capacity Dev. (ICD) for 4 yrs. (2011-15) and 2 yrs. in I…
Mr. Good,
Everything you say is TRUE. And, as you can see the IMF (and World Bank & UN) are just continuing with the same policies and trajectory. (Pls. see https://quenbywilcox2.wixsite.com/takingbackamerica/post/my-beef-w-imf-icd-staff). But, NO ONE is calling out some of the actors currently involved. I worked in the IMF Institute for Capacity Dev. (ICD) for 4 yrs. (2011-15) and 2 yrs. in IMF Family Assoc. (2009-11), and have 'whistle blown' against discrimination, sexual harassment, bullying, and retaliatory terminations (for competence and diligence in my work) in both depts. which are in violation of the Civil Rights Act of 1964, and other US federal laws. However, I have been unable to find a lawyer to assist me in bringing suit, or even having a 'conversation' w its Mgt. about its internal mismanagement problems. (Pls. see https://quenbywilcox2.wixsite.com/takingbackamerica/post/toc-of-letters-to-imf-world-bank-staff-mgt).
Furthermore, even though I opted out of a promising career in the fin. mkts. (and was a 'whiz' in math and intl. econ. as a student long ago), I did NOT opt-out of life as an 'expat, trailing spouse' (Paris, Madrid, Brussels, and Bogota) to a Spanish French (crash and burn) banker. My perspectives of the IMF, WB, and probs. in economies and banking systems are different. But, they are based on the real lives of the people involved as well as academic research of the policy and practices of the IMF and World Bank. Unfortunately, what the IMF's university (ICD) is doing is training staffers in treasury depts., central banks, and regulators for 'follow the lead' of the Americans in creating boom and bust economies.
What ICD is 'teaching' and promoting for govts. & economies is excessive spending, over indebtedness, high risk w no regard for yield mentalities amongst govt., investors, business community, and consumer spenders - under the guise of 'modernization' of societies and economies. This is resulting time and time again in socio-economic problems, breakdown of societal and political institutions, rising civil unrest and violence, and autocratic govts. and military dictators.
But, since none of the 'experts' seem to notice what they are doing, they keep on going, while the damage being done becomes greater and greater. As I keep pointing out the much-lauded SDGs are producing the same socio-economic and geo-political problems that Reaganomics 'trickle down' has in the past 40 yrs in USA, for same reasons. But no one, not even David Stockman seems to notice!?! And taxpayers are paying 'social media influencers' billions to disperse propaganda on the Internet and speeches!! (Cara Kennedy Cuomo is an SDG influencer - and Deerfield / Wharton graduate!)
You are correct in that RFK, Jr. is on the right path, and asking all of the hard questions, and pointing to many of the problems which plague the country (and world). However, as you point out, he has not released a comprehensive monetary plan. I do not know who his advisors are. However, some of the 'ghostbusters' he might want to call in putting one together are, Joseph Stiglitz (who was 'ousted' as Chief Economist of the World Bank in 2000), and hedge fund mgrs. Naomi Prins, Peter Schiff, Michael Burry, and author Michael Lewis is another who has been following these events and hasn't been drinking the Kool-Aid.
As Michael Lewis told Christine Lagarde in a One-on-One at the IMF/WB Annual Mtgs. when they put women in positions of power, they are usually looking for a 'fall guy'. She nervously laughed him off. Whereas she should have heed his words. She is now at the EU central bank, whereas former WB/IMF stellular career, Nemat Shafik was Pres. of London School of Economics, and now Pres. of Columbia Univ. And, Sharmini Coorey is still Director of ICD in the IMF, while its MD is Kristalina Georgieva. As seen the 'breaking glass ceiling' women who have entered positions of Power have not 'changed the rules of the game' and 'Save the World' from its Patriarchal past, as they contend. They have just replaced the ivy league frat boys, puppets of high wealth indivs. and corporations of the past with newer versions.
By calling out the bullies and party politickers in the IMF, World Bank, and UN is a 'back door' into confronting the problems w/in these orgs, and those who control it thru Discrimination, Exclusion, and Intimidation (DEI) practices and policies. However, it would be much easier and more effective than criticizing them in public forums, but not advocating for Accountability for implicated staffers at present.
JFK, Jr. is enjoying great popularity in the polls at present, because American People are tired of party politicking in DC, and lack of Accountability. He can win by a landslide if he shows that he is willing to take ACTION in addressing the problems he is discussing in interviews, town halls, and social media campaigns.