Quote:
Originally Posted by MeoTwister5
I'm going to assume that for the most part the IMF is actually trying to help bankrupt countries. It's just that these countries seriously can't do enough fiscal overhauling to use the money properly. It's like tossing money at a drunk hobo. You think that if they had more money they'd make some sense out for their lives, but in reality they'd end up doing the same with their money anyway.
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I completely disagree. IMF has one rigid model for development that requires dictatorships in order to succeed anywhere. There are many alternatives to it, but need serious politicians, not the populists that rule Europe.
Anyway, I read an interesting article about
the bleak future of eurozone that Schäuble envisions in Financial Times. And one of
their columnist's reply that sums up my criticism.