IMF, Europe In Trouble

Is anybody surprised by this headline? This is the ticking of the clock approaching midnight and the folks running the show still haven’t figured out how to stop the slide…

Christine Lagarde: IMF may need billions in extra funding

Christine Lagarde has signalled that the International Monetary Fund (IMF) may have to tap its members – including Britain – for billions of pounds of extra funding to stem the European debt crisis.

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We Are Sliding Into The Abyss

No joke kids. EU Preps $645 Billion Fund to Fight ‘Wolfpack,’ Debt Crisis May 10 (Bloomberg) — European Union finance ministers moved toward agreement on an unprecedented loan package worth at least $645 billion to prevent Greece’s fiscal woes from triggering a broader sovereign-debt crisis and shattering confidence in the euro. Jolted into action by … Read more

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