Christine Lagarde, Managing Director, International Monetary Fund (Photo credit: Wikipedia)
An interesting speech given by the IMF Managing Director, Ms Christine Lagarde to the Annual Leaders’ Dialogue Hosted by Süddeutsche Zeitung last night. Here are some extensive exerts from it and my thoughts – sketched out, rather than focused – about her ideas.
Part 2 of the speech focused on the need for breaking the cycles of the crisis(that amplify risks to the economy, including global economy). Do note – coincidentally, the theme is exactly identical to my forthcoming Sunday Times article and to the research note currently awaiting legal clearance (both will be posted here early next week).
full article at source: http://trueeconomics.blogspot.de/2012/06/962012-why-imf-vision-on-ea-crisis-is.html
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