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IMF: global economy faces a 'threatening downward spiral'
telegraph ^ | 8:23PM BST 04 Sep 2011 | Ambrose Evans-Pritchard

Posted on 09/04/2011 7:04:18 PM PDT by the invisib1e hand

The International Monetary Fund has called on the US and Europe to abandon fiscal austerity and switch to stimulus measures, warning that the global economy faces a "threatening downward spiral".

(Excerpt) Read more at telegraph.co.uk ...


TOPICS: Foreign Affairs; Government; News/Current Events
KEYWORDS: circlethedrain; pritchard
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1 posted on 09/04/2011 7:04:24 PM PDT by the invisib1e hand
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To: the invisib1e hand

I’m not worried.

We have a moslem marxist in charge, trained in the Alinsky arts, and he’s obsessed with annihilating the USA and replacing us with a Communist dictatorship.


2 posted on 09/04/2011 7:06:17 PM PDT by LyinLibs (All moslems are somewhere on the killing-you spectrum)
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To: the invisib1e hand

“The International Monetary Fund has called on the US and Europe to abandon fiscal austerity..”

When did we start?


3 posted on 09/04/2011 7:09:15 PM PDT by Huskrrrr
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To: Kartographer

ping


4 posted on 09/04/2011 7:11:15 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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Comment #5 Removed by Moderator

To: the invisib1e hand

I agree with the IMF.

Stimulus = Cut taxes and regulation across the board.


6 posted on 09/04/2011 7:12:28 PM PDT by rjeffries
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To: Huskrrrr

Where did a significant amount of the TARP and other stimulus money go? To Europe

Who is currently in charge of the IMF? Someone from Chicago.


7 posted on 09/04/2011 7:12:30 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Huskrrrr
translation: "don't even THINK of balancing your budget."

This IMF chick has got a big mouth; unfortunately, she's the only one with anything like a "plan." She seems to have more balls than Ben Bernanke. Positively audacious, she is.

8 posted on 09/04/2011 7:12:57 PM PDT by the invisib1e hand (non-union thug.)
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To: Huskrrrr

the imf was/is led by socialists. screw them


9 posted on 09/04/2011 7:13:15 PM PDT by GreaterSwiss
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To: the invisib1e hand

Not only does the U.S. have to put up with our own citizens robbing the treasury, every other country and the IMF wants to help rob our treasury. Looks like it’s too late to be worried.


10 posted on 09/04/2011 7:13:23 PM PDT by no-to-illegals (Please God, Protect and Bless Our Men and Women in Uniform with Victory. Amen.)
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To: the invisib1e hand

And just who elected IMF to anything. Like the UN, EEU, etc., the IMF can go pound sand.


11 posted on 09/04/2011 7:33:24 PM PDT by RetiredTexasVet (There's a pill for just about everything ... except stupid!)
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To: the invisib1e hand

Let the IMF pony up if they are so concerned.


12 posted on 09/04/2011 7:53:59 PM PDT by mylife (OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
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To: driftdiver

The Chicago Mob is now at every level.


13 posted on 09/04/2011 7:55:53 PM PDT by mylife (OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks the invisib1e hand.
The International Monetary Fund has called on the US and Europe to abandon fiscal austerity and switch to stimulus measures...
Actually, we need to discontinue the IMF, and blackball the idiots who made the recommendation.


14 posted on 09/04/2011 8:06:50 PM PDT by SunkenCiv (It's never a bad time to FReep this link -- https://secure.freerepublic.com/donate/)
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To: driftdiver

Funny how Strauss Kahn got the boot on false charges and now Chicago thug Lagarde is the new President.

How convenient!


15 posted on 09/04/2011 8:14:02 PM PDT by mylife (OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
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To: the invisib1e hand
abandon fiscal austerity and switch to stimulus measures

Obviously I am living in an alternate universe if our government's current path can be construed as "austere".

16 posted on 09/04/2011 8:14:41 PM PDT by ChildOfThe60s ( If you can remember the 60s....you weren't really there)
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To: the invisib1e hand

The grab is on by the greedy.


17 posted on 09/04/2011 8:20:40 PM PDT by bvw
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To: the invisib1e hand
"... abandon fiscal austerity..."

He's right. In 2007, the deficit was $160 B. Today, we are running perpetual annual deficits TEN times that. We are long overdue to abandon our "austerity."

18 posted on 09/04/2011 9:12:57 PM PDT by ProtectOurFreedom
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To: the invisib1e hand

Socialists telling socialists to be more socialist. Where do I sign up?


19 posted on 09/04/2011 9:19:18 PM PDT by fhayek
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To: the invisib1e hand

Yes, the IMF and their friends have completely screwed us.


20 posted on 09/04/2011 9:29:47 PM PDT by Tzimisce (Never forget that the American Revolution began when the British tried to disarm the colonists.)
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