IMF: Instability Threatens Recovery

dvinman

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Dec 14, 2009
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"Just because the Stock Market goes up does not mean your saved."

WASHINGTON—The uneven global recovery continues apace but sovereign debt and financial sector risks, particularly in Europe, could threaten global stability, the International Monetary Fund said Tuesday.

A pair of reports released by the fund suggested that advanced economies are still struggling to move past the recent financial crisis, while growing emerging economies are showing signs of overheating and inflationary pressures.

Policy makers around the globe need to address these issues, including through the expansion of the rescue fund for the euro area, or risk a faltering recovery, the IMF said.

"A host of measures are needed in different countries to reduce vulnerabilities and rebalance growth in order to strengthen and sustain global growth in the years to come," the fund said.

IMF: Instability Threatens Recovery - WSJ.com
 
This isn't really news but if someone has timing on when the blow up will happen I am interested.
 
One needs to consider the history of the IMF , and it's primary function dealing with a bankrupt, or moving toward banrupt economy . They basically ride into dodge, open the books, and institute austerity according to liabilities/assets found.

They have a history, well at least from the time of Bretton Woods, of approaching top heavy countries on the brink of collapse, and in many cases social upheaval to the point of revolution, and sorting it out for them. Of course, they also play banker with them as well.

But the parameters they operate with can also be focused on the USA, i've noted their lamentations in the past....

For instance, Bernake and Giether seem to think we are isolated from the rest of the world economically, especially since Giether staged highly influenced stress tests, and
Moody's or Standard & Poor bond raters not being covered by the SEC are a joke outside of our boarders

None of this flys under the IMF radar, where it ironic something of our own creation after being on our high economic horse after WW2 were to ride on into the FED, they'd probably institue the same doctrine foisted upon any other disparity polluted country

so the question might be, do you feel lucky punk?


well, do ya?
 

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