Event: IMF-Supported Macroeconomic Policies and the World Recession

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Uploaded by on Oct 19, 2009

This event on the IMF's role during the global financial crisis featured Mark Weisbrot, Co-Director of CEPR, James Roaf of the IMF, Public Citizen's new president, Robert Weissman, Asia Russell, the director of Health GAP, and Jo Marie Griesgraber, Executive Director of the New Rules for Global Finance Coalition.
For more information, please visit: http://www.cepr.net/index.php/events/events/imf-supported-macroeconomic-polic...

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  • As I understand it the IMF is operating as a collections agency; without IMF loans countries could use internal devaluation or default to start over. (Lest we moralize, many of these countries are in debt because of kleptocratic puppets.) Instead, public goods will have to be sold at fire-sale prices to private foreign investors. Hmm.

    You guys are so polite, really.

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