Oi!
Christine Lagarde's perverse praise for Latvia's economic 'success'
Excerpt from: Christine Lagarde's perverse praise for Latvia's economic 'success'
The IMF chief surely knows better than to believe Latvia's disastrous internal devaluation is a good plan for the eurozone. IMF Managing Director Christine Lagarde has made conflicting remarks in the last few months indicating that she might have doubts – shared by IMF economists – about the self-destructive economic policies that are pushing the eurozone deeper into recession and causing a financial crisis. This despite her comments that offended many Greeks last week, in which she appeared dismissive of the mass unemployment and suffering in Greece, saying that she...Published By: Anarkismo - Saturday, 9 June, 2012