Tag Archives: BRIC

CUTTING LOOSE: Russia Today on ‘Hungary Pays off IMF Debt’

This development in Hungary is a remarkable change of the tide. I analysed the 10 German articles that led to Hungary Sheds Bankers’ Shackles in the American Free Press.

What I find most interesting is:

  1. the ‘F U’ to the International Monetary Fund (IMF) is accompanied by a media law – to report with ‘political balance’;
  2. the controversy in political circles includes the EU;
  3. most German mainstream media articles illustrate the lack of understanding of the creation of money, but hone in on highly charged emotive words;
  4. the English speaking mainstream media are silent;
  5. if only the UK Government had its electorate in mind, it would bring back the Bradbury Pound by the time of its 100th anniversary on 7 August 2014!

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