VICTORY: Hungary Orders The Rothschild Banks To Leave The Country

Hungary Orders The Rothschild Banks To Leave The Country

Hungary, in 2013, finally kicked out the International Monetary Fund (IMF) from its country. In July it announced its plans to repay the IMF bailout and for it to vacate the Budapest office.

By August the same year, the Central European country had indeed arranged early payment of the loan.

A kindly worded letter from Gyorgy Matolcsy, the head of Hungary’s Central Bank , asked Managing Director, Christine Lagarde of the International Misery Fund, as some have fondly nicknamed it, to close the office as it was not necessary to maintain it any longer.cccx The Prime Minister, Viktor Orban, seemed keen to ease off austerity measures and prove that the country could go it alone.

It in fact issued its first bond in 2011, borrowing off the global markets.

Hungary borrowed €20 billion loan to avoid becoming insolvent during the economic crisis in 2008. But the deb-tee debtor relationship has not been smooth sailing.

Many criticised the Prime Minister as making an ill-advised decision in order to win an election, which was due in 2014. He also wanted to refrain from having too many foreign eyes on their economic policies, as many reforms were criticised as being undemocratic.

Paying the loan back early has meant Hungary have saved €11.7 million worth of interest expenses, but Gordan Bajnai, leader of the electoral alliance E14-PM, claimed that they had actually lost €44.86 million by March 2014 because of the early repayment as all they did was replace the loan from the International Mafia Federation (another nickname, we’re still talking about the IMF here) with a more expensive one, labeling the stunt as Propaganda.

And what made further nonsense; another loan at high interest rates was signed to finance a nuclear upgrade, which will mean not only higher repayments but also high electricity costs. But they do have economic sovereignty now.

Many have claimed that the IMF AKA ‘Imposing Misery and Famine’, are owned by the Rothschild group, the biggest banking group in the world, having their fingers in almost every central bank in the world. This means that not only do they make money off usurious interest rates at the misfortune of crumbling economies, they also literally own Governments and people of power – I mean they have considerable influence.

Escaping the banking clutches is therefore, iconic. Iceland joined Hungary in 2014 when it paid back its $400 million loan ahead of schedule after the collapse of the banking sector in 2008 and Russia, of course bowing down to no Western puppeteer, freed itself in 2005.

The return of these three countries to financial independence has been said to be the first time a European country has stood up to the international fund, since Germany did so in the 1930sGreece is anxiously trying to make payments but missing them as we all stand on the sidelines routing for them to stick two fingers up to the ‘International M***** F******’.


Disclaimer: Any views or opinions presented in this article are solely those of the author/source presented below, and do not necessarily reflect the position of CSGlobe or its staff.

Find us here

Get news from the CSGLOBE in your inbox each weekday morning

The views and opinions expressed in this article are those of the authors/source and do not necessarily reflect the position of CSGLOBE or its staff.

Paid content

Putin has Banned Rothschild and His New World Order Banking Cartel Family from Entering Russian Territory

As of recently, Russian president Vladimir Putin took yet another decision for his country. "Under any circumstances", the Rothschild family is banned from entering Russian territory. Along...

Rothschild Bank Now Under Criminal Investigation After Baron David De Rothschild Indictment

Last year, Baron David de Rothschild was indicted by the French government after he was accused of fraud in a scheme that allegedly embezzled...

14 African Countries Who Still Pay Colonial Tax To France

80% of the 10 countries with the lowest literacy rates in the WORLD among adults are in francophone Africa. Namely: Benin (40%), Burkina Faso (26%),...

What's New Today

Georgia House Votes To Allow Citizens To Abolish Police Departments In The State

The Georgia House backed an effort on Friday to dissolve the Glynn County Police Department and any...

Leaked CDC document contradicts Pence claim that U.S. coronavirus cases ‘have stabilized’

Even as Vice President Mike Pence wrote in a Wall Street Journal op-ed published Tuesday that coronavirus...

Five bombshells about Trump from Bolton ‘s book

Excerpts from former national security adviser John Bolton ’s book about his time in the Trump administration...

Don’t Listen to Fox. Here’s What’s Really Going On in Seattle’s Protest Zone.

It seems I live in a city undergoing a “totalitarian takeover” that will lead to “fascist outcomes”...

MOST READ

Putin has Banned Rothschild and His New World Order Banking Cartel Family from Entering Russian Territory

As of recently, Russian president Vladimir Putin took yet another decision for his country. "Under any circumstances", the Rothschild family is banned from entering Russian territory. Along...

What Is Agenda 21? Depopulation of 95% of the World By 2030

Most people are unaware that one of the greatest threats to their freedom may be a United Nations program which plans to depopulate 95%...

Complete List of BANKS Owned/Controlled by the Rothschild Family

What’s the significance of having a central bank within a country and why should you concern yourself, your family and colleagues? Central banks are illegally...

Putin has Banned Rothschild and His New World Order Banking Cartel Family from Entering Russian Territory

As of recently, Russian president Vladimir Putin took yet another decision for his country. "Under any circumstances", the Rothschild family is banned from entering Russian territory. Along...

Ferguson solidarity protests across US

Thousands rally across US in solidarity with Ferguson Tensions continue to mount in Ferguson, Missouri, as police respond with a heavy show of force against...

Congrats, America: Hillary, Trump Could Both Be Criminally Charged After 2016 Election

Republican presidential nominee Donald Trump and Democratic presidential nominee Hillary Clinton have made headlines recently for their alleged problems with the law. Trump, who in...

World Known Boxer Buys Free Homes For the Poor

Surprisingly enough, there are still some who have other people's interest at heart. In this case, we can think about of the Filipino community. You may...

Technology Takes us One Step Closer To Uploading Our Brains Into Robot Bodies

Doesn't it annoy you that you can back up the files on your laptop to an external drive, but you can't back up the...

US Secret Service Struggles To Find Recruits Who Haven’t Used Adderall

The US Secret Service, under pressure due to unprecedented demand and recent controversies, has been carrying out its most ambitious recruiting campaign in over...

NASA’s cold fusion tech could put a nuclear reactor in every home, car, and plane

The cold fusion dream lives on: NASA is developing cheap, clean, low-energy nuclear reaction (LENR) technology that could eventually see cars, planes, and homes...

Frozen Niagara Falls Climbed

https://www.youtube.com/watch?v=jU5i1WjRBhE Climber conquers frozen Niagara falls wall for first time ever Internationally renowned ice climber Will Gadd takes ice climbing to the next level by scaling...