Tag IMF

Greeks Furious, Beggars can’t be choosers

Greece which is undergoing severe financial crisis reacted sharply to IMF and EU's criticism on its state of Economy.

First came Venezula quite some time back.

More recently Ireland.

The funny side is that all these overspending Economies including the US are in the same boat, only difference is that they are politically influential anf militarily strong(at least on paper)

The whole mess is because of Keynesian Economy-Spend more, save less.

Curious case of Strauss Kahn.

The IMF CChief  Strauss Kahn was charged with rape in a Hotel room and was later let off on bail. Now the case of the prosecution seems to be collapsing according to the New York Times with doubts being expressed over…