IMF Says Bailouts Iceland-Style Hold Lessons in Crisis Times | Business Week

by Graham H. Cox last modified 2012-08-19T17:00:07-04:00
Head-shake. Face-palm. The IMF has admitted that Iceland (which did the very opposite of what the IMF demanded) has done better than all of Europe in responding to the 2008 collapse. Then it has the audacity to try to tell it what it needs to do from here.
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