In 2013, Hungary was able to kick out the International Monetary Fund (IMF)
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The Prime Minister of Hungary, Viktor Orban, wanted to ease austerity measures and prove to the world that they could do it alone, something many say they proved in 2011 when they issued their first bond. Now that they are economically sovereign, things haven’t always been smooth sailing since borrowing €20 billion to avoid becoming insolvent during the economic crisis of 2008.
But when they paid the loan back early, it meant saving €11.7 million worth of interest expenses they would have paid to the IMF- whom many claim is owned by the Rothschild group, the biggest banking group in the world. They have their fingers in almost every central bank in the world. They make money off interest rates at the misfortune of crumbling economies, and also own entire Governments, people of power. etc..
And that's why escaping the Rothchild's clutches is a good news for the world!
--We can also learn from Iceland, they paid back their $400 million dollar loan in 2014, ahead of schedule after the collapse in 2008.
-- Russia freed itself in 2005.
These three countries gaining financial freedom hasn’t happened since Germany in the 1930’s
(Greece is desperately trying to join them but they are struggling). And now with this whole Brexit vote, we'll keep an eye on how this story unfolds.
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