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"Allowing Kiev to default on their $3 billion Eurobond deal with Russia is against IMF rules. But now they are ready to break their own rules," Celente said.
Goldman Sachs announced last month that its investment in a Utah preschool program had helped 109 "at-risk" kindergartners avoid special education. The investment also resulted in a $260,000 payout for the Wall Street firm, the first of many payments that is expected from the investment.Just when you think "Too Big to Fail and Jail" Wall Street can't stoop any lower, they go ahead and exceed expectations. The following story is so base, so disgusting, and so completely void of any semblance of ethics, it could only have been achieved by the Vampire Squid itself.
Yet since the Utah results were disclosed, questions have emerged about whether the program achieved the success that was claimed. Nine early-education experts who reviewed the program for The New York Times quickly identified a number of irregularities in how the program's success was measured, which seem to have led Goldman and the state to significantly overstate the effect that the investment had achieved in helping young children avoid special education.
Goldman said its investment had helped almost 99 percent of the Utah children it was tracking avoid special education in kindergarten. The bank received a payment for each of those children.
The big problem, researchers say, is that even well-funded preschool programs — and the Utah program was not well funded — have been found to reduce the number of students needing special education by, at most, 50 percent. Most programs yield a reduction of closer to 10 or 20 percent.
- From the New York Times article: Success Metrics Questioned in School Program Funded by Goldman

The issue, to which we don't have the answers, what will Germany do? So, the real wild card in Europe is that as the United States builds its cordon sanitaire, not in Ukraine, but to the west, and the Russians try to figure out how to leverage the Ukrainians out; we don't know the German position. Germany is in a very peculiar position. Its former Chancellor Gerhard Schroeder is on the board of Gazprom. They have a very complex relationship to the Russians. The Germans themselves don't know what to do. They must export, the Russians can't take up the export. On the other hand, if they lose the free trade zone, they need to build something different.
For the United States the primordial fear is Russian capital, Russian technology ... I mean, German technology and German capital, Russian natural resources, Russian manpower, as the only combination that has for centuries scared the hell out of the United States. So how does this play out? Well, the US has already put its cards on the table. It is the line from the Baltics to the Black Sea.
For the Russians, their cards have always been on table. They must have at least a neutral Ukraine, not a pro-Western Ukraine. Belarus is another question. Now, whoever can tell me what the Germans are gonna do, is gonna tell me about the next 20 years of history, but unfortunately the Germans haven't made up their mind, and this is the problem of Germany always. Enormously economically powerful, geopolitically very fragile, and never quite knowing how to reconcile the two. Ever since 1871 this has been the German question, the question of Europe. Think about the German question, because now it's coming up again. That's the next question that we have to address and we don't know how to address it, we don't know what they are going to do.
Comment: Celente nails it again: the IMF bailout has failed and now it's completely rewriting the rules to suit its own purposes of financial domination. It's all just business as usual for the IMF.
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