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Boost Your Business : An Expert's Tips

Michael Walsh. Twenty years business assessment and marketing counsellor for the Federation of Master Builders and Guild of Master Craftsmen (UK)

27 August 2013 @ 10:54



The Hungarian government, now regarded by the unelected EU leaders as a rogue nation, has expelled the International Monetary Fund (IMF). This bankers’ cartel has been told to clear its Budapest desk and to not slam the door on the way out. The European Central Bank (ECB) has also been told, ‘thanks but no thanks’ by Hungary’s government.

Describing the radical move as an historical decision is overstepping it. Flinging the money-changers out of the temple has been done before, most notably by the German government in 1933. They paid a high price for their impertinence. So did other ‘rogue nations’ that decided to cut themselves lose from the banking cartels. The Libyan government and those of Iran, Saddam Hussein’s Iraq, President Assad’s Syria were or are being dealt with.

Other financially independent countries are too big for the bankers to consider sending in the heavies (NATO). Brazil, Russia, India, China and South Africa (BRICS). Where will Hungary fit in? I should imagine that the EU and its bankers have painted themselves into a corner on this one. They want Hungary reined into the European Union. However if the EU takes a confrontational stance then Hungary could easily be driven into the arms of Vladimir Putin’s Russia.

The global rebellion against the bankers’ cartels appears to be gathering momentum. Iceland not only threw out the bankers, it filed charges against them. The heads of Iceland’s banking system were declared fugitives and fled to Europe. Recently, Hungarian Prime Minister Viktor Orbán, promised to serve similar justice on his socialist predecessors.

The Hungarian leader charges that previous administrations sold the nation into unending debt slavery under the terms of the IMF. The governments of Spain, Greece, Italy, Portugal and Ireland, are just some of the other European states that imposed bankers debt slavery on their hard-earned citizens.

More savvy than their fellow Europeans, the Hungarians elected Victor Orbán’s Fidesz Party. Hungary’s popular prime minister told the IMF that Hungary neither wants nor needs further ‘assistance‘ from the Wall Street orchestrated banks.

No longer will Hungarians be forced to pay usurious interest to private, unaccountable central bankers. Instead, the Hungarian government has assumed sovereignty over its own currency. It now issues money debt free, as it is needed.

The results have been nothing short of remarkable. The Hungarian nation’s economy, formerly staggering under deep indebtedness, has recovered rapidly.

The Hungarian Economic Ministry recently announced that it has, thanks to a ‘disciplined budget policy,’ repaid on August 12, 2013, the remaining €2.2B owed to the IMF, well before the March 2014 due date. Victor Orbán declared: “Hungary enjoys the trust of investors. He was referring to investors who produce something in Hungary for Hungarians and fuelled genuine economic growth. It is estimated that if Spain followed Hungary’s example prosperity would be returned in months. Will the ‘get out of gaol’ option catch on?

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