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Globalism going bankrupt – UN is running out of money by the end of the month

The United Nations is running out of cash. With a deficit of $230 million, the organization may run out of money by the end of October, Secretary-General and former Portuguese Socialist prime-minister António Guterres warns.

Once again Socialists prove they are not very good managing other people’s money. There have been already some warnings by the UN secretary-general and former prime minister of Portugal that the organization was indeed in trouble. Last year, July 2018, headlines surged saying that the globalist institution was already in deep trouble. With a $139 million deficit by then, the secretary-general wrote: “An organization such as ours should not have to suffer repeated brushes with bankruptcy. But surely, the greater pain is felt by those we serve when we cannot, for want of modest funds, answer their call for help.”

Part of these financial difficulties were blamed on the United States. “The inefficiency and overspending of the United Nations are well known. We will no longer let the generosity of the American people be taken advantage of or remain unchecked,” said Nikki Haley in December, U.S. ambassador to the United Nations at the time, when the core budget was agreed.

Since then, things haven’t improved much for the United Nations.

The deficit of $139 million increased to $230 million. In a letter intended for the 37,000 employees at the UN secretariat and obtained by CBS News, Guterres said unspecified “additional stop-gap measures” would have to be taken to ensure salaries and entitlements are paid. The Secretary-general said that some nations haven’t paid their share to ensure that normal functioning of the organization.

To cut costs, Guterres mentioned postponing conferences and meetings and reducing services, while also restricting official travel to only essential activities and taking measures to save energy.

Heating and air-conditioning will be curtailed between 6 p.m. and 8 a.m. Expect document delays, fewer translations and no conference freebies, like water. And at the 39-story Secretariat building, some escalators and the decorative water fountain outside are shutting down. Symbolic for the current ‘global realignment’, globalism is indeed going bankrupt and decaying.

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