Tag Archives: democracy

IMF warns second bailout will threaten democracy

Stacy Summary: If Dominique Strauss Kahn is warning against it, then, presumably, he has been hearing national leaders floating the idea?  Mind you, I don’t think the first bailout has yet stopped.  Nor do I think a gold chart can tell you what is brewing down below.

“Most advanced economies will not accept any more [bailouts]…The political reaction will be very strong, putting some democracies at risk,” he told delegates.

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