Tag archive for ‘IMF’
Italy's Problems
By Bruce Krasting On Tuesday, November 29th, 2011
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Italy Last Week

Some stories in European press (La Stampa – Zero Hedge link) suggest that Italy is working on a very big loan package from the IMF. I have no doubt that there are ongoing discussions. There has to be. Either More...

payday loans

French postage stamp promoting the G20 meeting
By Bruce Krasting On Monday, November 7th, 2011
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Confidence and the G20

The much-touted G20 meeting was a dud. As near as I can tell, nothing was accomplished. There was some movement to enlarge the IMF. I think this is a clear sign that the deciders at Cannes have come to realize that More...

Workers World Party strolling along Wall Street
By Bruce Krasting On Sunday, October 9th, 2011
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Politics, Money and OWS

The head of the IMF, Christine Legarde dropped a big bill on Tim Geithner’s desk after the market closed on Friday.  From the WSJ article: The IMF could offer short-term lines valued at roughly $50 billion More...