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02 October 2012

IMF / EUROZONE : IMF Role In Bailouts Is Muddled...And Muddy For Politicians.

http://in.reuters.com/article/2012/10/02/imf-eurozone-idINDEE89106X20121002

      The IMF doesn't have enough money to bailout nations as large as Spain or Italy.
      It's historic role has been to aid troubled developing nations.
      But lately...it has been tasked with the role of monitoring supervisors...derisively called by some...'the Men in Black'.
      The IMF brings credibility with foreign investors...but also breeds hostility...and it is seen by many...as political poison...that only topples governments.
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