October 15, 2013
What World Bankers Fear Most

It’s that time of year again. Northern birds flock south for the winter, and the world’s bankers assemble in Washington for the annual meetings of the World Bank and the IMF. Finance secretaries and central bank governors from countless nations descend upon Washington to mingle with their colleagues, leaders of the World Bank, the IMF and the titans of global finance. 
For those who believe that the world is shaped by back-door conspiracies and maneuverings of the rich and powerful, these gatherings offer endless possibilities for speculation. The very same bankers who triggered the world economic crisis—those who suffered nary a consequence and in some cases walked away richer than before—come together to toast to their victories, devise new get-rich schemes and coopt even more public servants into serving their never-ending interests. 
Read more. [Image: Jonathan Erst/Reuters]

What World Bankers Fear Most

It’s that time of year again. Northern birds flock south for the winter, and the world’s bankers assemble in Washington for the annual meetings of the World Bank and the IMF. Finance secretaries and central bank governors from countless nations descend upon Washington to mingle with their colleagues, leaders of the World Bank, the IMF and the titans of global finance. 

For those who believe that the world is shaped by back-door conspiracies and maneuverings of the rich and powerful, these gatherings offer endless possibilities for speculation. The very same bankers who triggered the world economic crisis—those who suffered nary a consequence and in some cases walked away richer than before—come together to toast to their victories, devise new get-rich schemes and coopt even more public servants into serving their never-ending interests.

Read more. [Image: Jonathan Erst/Reuters]

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