Saturday, June 09, 2012

IMF Pressuring Spain to Accept Money Tied to More Austerity

Lagarde Strikes Again!

The austerity-mad IMF is engaging in risky brinksmanship, releasing a report early in order to pressure Spain, a Euro Zone country that is now paradoxically considered both too big to fail and too big to bail out. It may need a whopping 100 billion euros.

Click here and here for the news reports.

Related: Lagarde Hails Fascist-Loving Latvia as Euro Zone Model 

Kinder, Gentler Austerity? Don't Expect the German Left to Help