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Tag Archives: IMF
By David Mc Williams This brilliant quote from economist JK Galbraith just about sums up why individuals and organisations tend to stick to plan A when the evidence suggests that Plan A isn’t working. No one likes to be proved wrong but, ultimately, … Continue reading
From The Slog The economic world’s shift in balance towards the East and South is making the IMF increasingly irrelevant to economic and fiscal thinkers, a qualitative study conducted by The Slog suggests. Last weekend and during the early part … Continue reading
By the Slog Yesterday, the IMF released disastrous forecasts about the Greek economic outlook for 2012. Unwittingly or otherwise, this development set Athenian journalists and anti-Establishment groups on a hunt for the truth about post-election austerity. The details (revealed today … Continue reading
By David Mc Williams Have you ever gone to a gig so ridiculously funny that you can’t actually communicate with the person beside you? You are reduced to grimacing; words just can’t come out, tears and snorts, yes, but words, … Continue reading
Dominant Social Theme: The World Bank is a great institution. We just need the right person to run it. Free-Market Analysis: The World Bank is a part of a kind of “tag team” with the International Monetary Fund. The World … Continue reading
by Dr. Constantin Gurdgiev Today’s meeting between Sarkozy and Merkel is being framed in the context of continued pressures across the euro area (see report on the meeting here). More ominously – within the context of the euro area leadership … Continue reading
A Hopeless Case? The IMF has just released its most recent assessment of the ‘progress’ of its austerity program in Greece. As a reminder, Greece currently ‘enjoys’ an economic depression that is more and more reminiscent of the downturn of … Continue reading
IMF wants the world to save Europe … Christine Lagarde, the managing director of the IMF, said the escalating crisis now needed to be addressed as “collectively as possible” … The European financial crisis is “escalating” and is so serious that it … Continue reading
By David Mc Williams In the past 24 hours, three dramatic developments have taken place, each of which will have a profound effect on your life in the next few years. Although all three are related, it is not quite … Continue reading
By CHRISTOPHER M. QUIGLEY “On Thursday 18th November 2010 The IMF arrived in the Emerald Isle. What a sad sad day that was for the proud people of Ireland. Following 300 years of armed struggle the then resident Fianna Fail government replaced … Continue reading