That would hurt credit and crimp growth by 4 percentage points next year in Greece, Cyprus, Ireland, Italy, Portugal and Spain, Europe’s periphery. – Bloomberg
Post Tagged with: "IMF"
February 27, 2012 05:46
Eurobamacare can’t pay for drugs
Will your drugs cost more to pay for drug companies losses in Europe?
January 24, 2012 06:43
IMF Warns of Global Depression If Governments Don’t Pay Up
She never mentioned Germany and the US by name, but those were her prime targets. “It is about avoiding a 1930s moment,” she said at the German Council of Foreign Affairs in Berlin, “a moment, ultimately, leading to a downward spiral that could engulf the entire world.” – Testosterone Pit
January 12, 2012 11:23
King Barack to bail out Europe at taxpayer expense
It’s over the top when Obama told the European Council President and the European Commission President that “the United States stands ready to do our part” to bail out Europe.
December 16, 2011 08:13
IMF warns that world risks sliding into a 1930s-style slump
“This is exactly the description of what happened in the 1930s, and what followed is not something we are looking forward to.”
December 16, 2011 08:13
IMF warns that world risks sliding into a 1930s-style slump
“This is exactly the description of what happened in the 1930s, and what followed is not something we are looking forward to.”
December 9, 2011 06:26
Media Promote Global Tax as Financial Crisis Deepens
The U.N. as a whole received $7.7 billion from American taxpayers last year. The UNDP is supported by about $100 million in U.S. taxpayer money annually.
November 10, 2011 04:50
Christina Romer’s Toxic Cookbook
It is this weird combination of childlike belief in the simplicity of the problem (aggregate demand, lack of optimism) and the striking arrogance of the notion that the government can and should control the economy by simply pulling at the right strings hard enough that makes Romer’s article such an illustrative example of the intellectual dead end that is mainstream economics today.
September 26, 2011 08:15
Goolsbee, Geithner warn – Greek default big trouble for US – IMF begs for bailout funds
Obama’s former economic adviser Goolsbee warns that Greek default will have a big impact on the US while the IMF needs a bailout to bailout Greece. Treas. Sec. Geithner warns “Sovereign and banking stresses in Europe are the most serious risk now confronting the world economy.”
June 21, 2011 07:45
America- A Greek Tragedy
The looting of America has a tremendously high price. No one will ever know what didn’t happen because of the growth of unlimited government.
