Thursday, September 08, 2011
The IMF: cheerleader of the rich world's governments
If its Tuesday this must be stimulus
Ronald Reagan’s observation that “a government bureau is the nearest thing to eternal life we’ll ever see on this earth” seems to apply to supra national bodies as well.
The collapse of the Soviet Union left NATO facing an existential crisis worthy of French cinema until Slobodan Milosevic came along. So it is with the International Monetary Fund.
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