Daily Archives: August 13, 2011

The collection agency

In this new world order the International Monetary Fund (IMF), the most prestigious and powerful international economic organization on the planet, is reduced to a mere advisor, even spectator.

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Its a political problem

Was the decision to downgrade the US economy from a triple A rating the catalyst or is it the Eurozone’s debt crisis and fears of another recession that caused the markets to panic? Are global economies running out of options to rescue their economies and what … Continue reading

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