Skip to content

President of European Central Bank Says the Entire Economy and Financial System Requires Overhauling due to Climate Change

May 18, 2024

By Paul Homewood

 

Christine Lagarde can’t even be bothered to hide the globalists’ agenda now.

image.

Don’t blame us when the economy crashes, says Christine Lagarde, head of the European Central Bank (ECB), it was climate change wot dunnit.

The former Managing Director of the International Monetary Fund (IMF) took to the stage to petrify Europeans into complying – “Floods, droughts and wildfires last year were just a preview of what is to come”, she said in an almost threatening tone.

With the menacing warnings out of the way, Lagarde gives a brief insight into what the globalists have in store for us when the economy starts to implode. Climate change will be changing our economy and financial system, she tells us.

To ensure they retain control once the system fails, they have a cunning plan. She calls it the ‘new climate and nature plan’ because that sounds all fuzzy and warm – ‘returning the plebs to serfdom plan’ probably wouldn’t cut it.

The plan focusses on three things:

Full story here.

50 Comments
  1. May 18, 2024 8:56 pm

    The UN/WEF agenda continues at pace, led by these evil globalist dictators. Reform is the only party in the UK which can see this, but there are now several in Europe on the ascendancy. They are derided in the MSM as being populist, but that just means they are popular and hence are democratic.

    • May 18, 2024 8:57 pm

      And of course, I believe that Christine Lagarde has been convisted of fraud.

      • johnlyonbiggar permalink
        May 18, 2024 9:20 pm

        Guilty of negligence but didn’t get fined or any other sanction. Her Wikipedia entry has that information almost as an afterthought!

      • Devoncamel permalink
        May 18, 2024 9:27 pm

        She was, by a French court. They chose not to lock her up of course.

      • May 18, 2024 9:56 pm

        The elite know how to look after their own.

      • May 20, 2024 8:07 pm

        A weather-dependent banking system? 🙄

    • Curious George permalink
      May 19, 2024 2:43 am

      Both the UN and the EU should be dissolved immediately.

  2. Gamecock permalink
    May 18, 2024 9:18 pm

    “To save the village, we had to destroy it.”

  3. Peter Palmer permalink
    May 18, 2024 9:22 pm

    We’re rapidly approaching the time when we have to take responsibility… and control of our own destiny.

    The arrogant, self-entitled folks following the pseudo science, because it suits their backers (Soros et al), need to be removed.

  4. Devoncamel permalink
    May 18, 2024 9:25 pm

    This couldn’t possibly be the same Christine Lagarde who in 2016 was convicted of criminal negligence could it?

  5. catweazle666 permalink
    May 18, 2024 9:25 pm

    She has never even attempted to conceal her objectives.

    “This is the first time in the history of mankind that we are setting ourselves the task of intentionally, within a defined period of time to change the economic development model that has been reigning for at least 150 years, since the industrial revolution. That will not happen overnight and it will not happen at a single conference on climate change, be it COP 15, 21, 40 – you choose the number. It just does not occur like that. It is a process, because of the depth of the transformation.

    This is probably the most difficult task we have ever given ourselves, which is to intentionally transform the economic development model, for the first time in human history.”

    https://www.azquotes.com/author/32264-Christiana_Figueres

    • Gamecock permalink
      May 18, 2024 9:30 pm

      They have to get free people to surrender their freedom. For the planet.

    • Kestrel27 permalink
      May 18, 2024 11:07 pm

      Christiana Figueres may be equally or even more noxious but she is not Christine Lagarde.

  6. micda67 permalink
    May 18, 2024 9:29 pm

    is this the same Legarde who was convicted of financial fraud…………always set a poacher on as a gamekeeper, they know how thieves operate.

  7. michael shaw permalink
    May 18, 2024 9:37 pm

    Completely off subject but if I may be allowed a few moments ?.

    Firstly, my thanks to Mr Homewood and his unceasing research into the actual facts and also the various, well qualified & usually erudite contributors to this site. But, although very good at explaining the WHAT and HOW the question of WHY is largely unanswered. Maybe the AGW believers are correct – perhaps we really do face klymut armageddon – but offshoring our (& the West’s) industrial production gives the lie away; CO2 levels would be a global problem if their predictions were true. Conspiracy theories re the WEF, UN, seem unlikely, I doubt if they could organise the proverbial in a brewery, so WHY are almost all our Beloved Leaders so intent on impoverishing their countries and fellow countrymen ?? What is their promised reward ??

    Thank you all.

    • Gamecock permalink
      May 18, 2024 9:45 pm

      They hate freedom.

      • gezza1298 permalink
        May 18, 2024 10:42 pm

        They hate us too.

      • Gamecock permalink
        May 19, 2024 12:06 am

        Not really. They hate our being free.

      • michael shaw permalink
        May 19, 2024 10:57 pm

        Thanks GC, but is it really that simple ? Perhaps their “hatred of freedom” has Malthusian overtones ?

      • Gamecock permalink
        May 20, 2024 12:05 am

        It is that simple, Mr Shaw.

        They want to control us, not to help us, but to keep us from being free.

        Our problem is we don’t understand their abnormal psychology. Why wouldn’t they want us to be free? We can never understand them. They are not like us.

        They don’t hate you; they hate your being free.

      • michael shaw permalink
        May 21, 2024 11:58 am

        Thank you GC, sorry for my tardy reply, I’ve been occupied elsewhere. You write “..they are not like us..”. Although I have never been a ‘conspiracy theorist’ perhaps I’ve been rather naive about WHY. Your sentiment makes sense of otherwise irrational Govnmnt/ meeja/ NGO etc. pronouncements.

        Will the ‘sheeple’ ever wake up ?.

    • alexei permalink
      May 18, 2024 10:45 pm

      “I doubt if they could organise the proverbial in a brewery,”

      If they were as incompetent as you suggest, explain how Klaus and his WEF mob have managed to “place” his trained Young Global Leaders as heads of state all over the West i.e. And he boasts publicly about it. Here are a few examples:-

      Trudeau, Macron, Ardern, Sunak, Varadkhar, Sturgeon, Verhofstadt, Merkel, Blair and so on.

      There are thousands more in admin positions biding their time. This is not a conspiracy theory as one can read all about it on the WEF website.

      https://www.weforum.org › about › world-economic-forum

      • michael shaw permalink
        May 19, 2024 11:04 pm

        Thanks Alexei. I must admit to NOT having read the WEF website, which perhaps I ought to. I’ve never really viewed Klaus Schwab as an international villain because I’ve never taken him & his ilk seriously.

    • Mewswithaview permalink
      May 18, 2024 10:48 pm

      There is no one answer to that, the issue is essentially a vehicle of convenience to which many people have hitched a ride in pursuit of their agenda. I like to colour them in a spectrum of green. At the darkest green part of the spectrum you have the Malthusians who want to remove other people from the planet, there is the green dollar crowd who are in it for the money, the watermelons aka various Marxists and socialists, green on the outside and red inside, then there are the light greens, from them it is about virtue signalling status as long as the pollution is not in their back yard, they are fine with the tailpipe emissions being out of their sight.

      There have always been environmental scares, some are genuine and people have mitigated them, Greenpeace in their early days did help campaigns to stop hunting whales and ban nuclear testing, but as the money started rolling in they are now ~$400 million per year tax efficient multinational NGO who rely on campaigns to bring in the money while offering no solutions to keep the money going. Climate taxes bring in a lot for revenue for governments, when has the government said no to more money? Academia is funded by government, its in their interest to consume grants by writing papers, most mass media is funded by government and tax efficient NGOs, it pays for them to keep churning out clickbait headlines about climate.

      The reason the climate scare got traction was the timing of the the collapse of the communist bloc in the late 80s, that public defeat left the socialists looking for a new crusade, they jumped on environmentalism, fundamentally attacking CO2 is an ideal way to attack capitalism, since the lumpen proletariat rejected socialism, Many of the people who chaffed under the eastern bloc recognize what the EU has become, and it’s tendency to impose one size fits all diktats to centralize control is essentially the source of much conflict within EU countries and will become a major contributing factor to it’s breakup, one policy on it’s own will not be enough, however, a sovereign debt crisis across the EU (think 1930s) combined with the hampering of industry through net zero regulations, the outcome of the war on the eastern front will collapse the climate change cause. Pre-Brexit Germany and Britain were the major contributors to the EU, Germans and English will force their governments to abandon the net zero agenda, that will be the nail in the coffin of climate alarmism, until a another moral panic arises.

      • michael shaw permalink
        May 19, 2024 10:31 pm

        Thanks for your explanation; ” a vehicle of convenience “. I can fully believe your reply.

    • Phoenix44 permalink
      May 19, 2024 8:07 am

      Their reward is they get to boss people about and have the trappings of importance and rank. That is why they are all venal, shallow and self-important. Getting to the top requires mostly bad qualities and very few good qualities. We get liars, because lying is needd to become a PM or President. And we get stupid policies because it is necessary to be loyal to the leader (until its not) in order to advance, and the leader has stupid ideas.

      • michael shaw permalink
        May 19, 2024 10:37 pm

        Thanks Phoenix, your reply makes sense at all HMG levels and especially at County level when all & sundry have announced ‘climate emergencies’.

    • May 19, 2024 8:10 am

      .. so WHY ..

      The wish to control others, just like a religion. It’s a human characteristic that is stronger in some people.

      With the believers, their belief as a group becomes self-perpetuating, just like religion.

      • michael shaw permalink
        May 19, 2024 10:39 pm

        Thanks Mickey R, I had overlooked the “group think/new religion” view.

    • Devoncamel permalink
      May 19, 2024 8:54 am

      It’s about power, not the low carbon variety, authoritarian power. Those super villains in Bond movies are not a myth.

      • michael shaw permalink
        May 19, 2024 10:47 pm

        Yes DC, I’ve seen that sort of power whilst I was a salaried employee.

  8. mervhob permalink
    May 18, 2024 9:47 pm

    I’m sorry children, nobody has a cunning plan , because those in political power have either the intelligence or education to put one together. The correct response to 2008 would have been a line of heads on pikes on Wall Street and the City of London. A similar response in 1929 could have avoided the necessity for a second world war, as those responsible for selling the waste paper of totally bogus trusts on Wall street paid in the appropriate manner for their crimes. Instead they started a trade war between Europe and America. Which led to the rise of Hitler and the grim progression to a conflict in which 65 million died.

    The Markets have no discernible intelligence, they are subservient to greed and bovine stupidity. The idea that progress is generated by throwing money around like a village idiot is easily defeated when faced with the truth of economic history. We need a new economic order as happened with Bretton Woods. We need regulation of the worse kinds of economic stupidity, with fear of consequence. I have paid heavily in my lifetime for the crass stupidity of 2008. Therefore, I am not prepared to see another round of such pernicious behavior. Those of us that watched the execution of Saddam Hussein know the answer – When they drop, they stop!

    • Gamecock permalink
      May 19, 2024 12:35 am

      We need regulation of the worse kinds of economic stupidity, with fear of consequence.

      So you hate freedom.

      You are one of them.

      • Phoenix44 permalink
        May 19, 2024 7:57 am

        Yes, yet again he shows a total lack of understanding of what a market is.

    • Phoenix44 permalink
      May 19, 2024 7:56 am

      Bizarre and ignorant. The cause of the financial crisis was government. And it is government that has racked up trillions in debt and more in liabilities it cannot meet, not bankers. It is government that has pushed house prices into the stratosphere, strangled growth and given us huge inflation. It was government that locked us up, government that banned fracking, government that stifles free speech. So your solution is…government.

    • May 19, 2024 11:30 am

      necessity for a second world war,

      The Congress of Vienna virtually guaranteed WW1, the result of which was the Treaty of Versailles, which virtually guaranteed WW2.

      Over the centuries, there have been many useless politicians and many useless military men everywhere 😦

    • lordelate permalink
      May 19, 2024 7:00 pm

      Well said!

  9. Phoenix44 permalink
    May 19, 2024 7:58 am

    A Socialist saying what we need is Socialism. Ho hum.

  10. eromgiw permalink
    May 19, 2024 9:07 am

    Nothing quite like an imaginary existential threat to enforce compliance.

    • michael shaw permalink
      May 19, 2024 11:13 pm

      Good point Eromgiw, the “Big Brother” view, but why bother “enforcing compliance” and to what end ?.

      • eromgiw permalink
        May 20, 2024 8:17 am

        Obey, lest thou shalt spend eternity in hell.

        (For various values of eternity and definitions of hell.)

  11. Stephen Hedges permalink
    May 19, 2024 9:41 am

    There’s a significant omission here. Recently the Fed. refused to follow the ECB in imposing strict rules (and financial penalties) on banks who don’t address “climate risk”….

  12. tomo permalink
    May 19, 2024 9:43 am

    She’s not called Madame Creosote for ‘nowt!

    • Nigel Sherratt permalink
      May 19, 2024 11:14 am

      Monsieur et Madame Creosote (good for getting rid of badgers apparently) a sort of reverse Mr & Mrs Spratt.

  13. Nigel Sherratt permalink
    May 19, 2024 11:17 am

    My favourite Kary Mullis quote applies I think (no more reassuring than ‘Bond Villain’ theory but likely more accurate).

    “There’s nobody minding the store. There aren’t any wise old men out there.”
    Cosmological Significance of Time Reversal, Nature volume 218, 1968. Interview Gary Null

  14. dennisambler permalink
    May 19, 2024 5:27 pm

    As French Finance Mister, Lagarde was a member of Ban Ki Moon’s High Level Climate Finance Panel, set up after Copenhagen, along with the UK Minister for Climate Change, Chris Huhne, Lord Stern, of IdeaCarbon, International hedge fund operator, George Soros, Ciao Koch-Weser of Deutsche Bank and others, looking to pull in $100 billion a year from the industrialised nations for the Copenhagen Climate Fund, the mechanism for transferring wealth from the west to developing nations, such as India, China and Brazil. The panel was co-chaired by Jens Stoltenberg, current NATO head.

    She was parachuted in to head the IMF, (another UN Agency) after a sting operation led to the removal of Dominic Strauss-Kahn, six months before he was due to leave the post. It was all at the time of Lagarde’s flirtation with the law over the Bernard Tapie corruption case. If they had waited for Strauss-Kahn to leave in six months time, the Tapie case would have been headlines and Lagarde would likely not have got the IMF job.  

    The global elite wanted a fellow traveller in charge at the IMF, rather than the maverick womaniser Strauss-Kahn, whose known peccadillos were an easy option to oust him early. The case against him of assaulting a hotel maid in a NY hotel collapsed four days before Lagarde was appointed as IMF head on July 5th 2011. His political career never recovered.

  15. lordelate permalink
    May 19, 2024 6:56 pm

    All BS.

  16. michael shaw permalink
    May 19, 2024 11:27 pm

    Thank you Gentlemen for your views but I’m still undecided as to WHY (the klymut katastrophe). Sex, money or power are the usual inducements in ‘normal’ life. Perhaps our Glorious Leaders are not normal ?. Can almost all members of the ‘hottest evah’ HoC, HoL, HMG etc etc be ‘on a promise’ ?

  17. May 20, 2024 8:41 am

    Nut zero is the destruction of the economy … or to be more accurate a pathway toward that destruction that will lead to the total obliteration of those who pushed us along that path by a very angry public.

  18. May 20, 2024 10:18 pm

    What an odious creature she is. How do such people rise to the top? Suppose Klaus Schwab has a nice position waiting for her should her tenure end in the totalitarian state of Brussels.

Comments are closed.