The IMF appears to be well aware of the next crisis unfolding in sovereign debt. This is good, because it looks like they’ll be at the heart of the next “outbreak” phase. That should be in about two weeks, when the Greek outcome is certain.
Interestingly enough, the IMF calls out the US first as belonging to a group of countries whose “banking systems remain poorly capitalized and face significant downside risks.”
-
continuum reblogged this from crazynutjob
-
moorewr liked this
-
mills said:
Why?! Why?! I need easy, unlimited growth to sustain my irrational, dissolute lifestyle and poor choices.
-
crazynutjob posted this
