IMF re-activates resource pool of 571 billion for another six months

Thursday, September 22nd 2011 - 22:17 UTC

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The International Monetary Fund re-activated this week a 571 billion dollars resource pool to ensure it has funds to help cover Europe's worsening sovereign-debt crisis. The IMF extended activation of its so-called New Arrangements to Borrow for a six-month period from October. Read full article

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briton
all that money going down the drain,
who really are the fools
greece
of these money men , who thinks money can buy anyting,
Sep 22nd, 2011 - 10:54 pm - Link - Report abuse 0
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Fido Dido
tools like you are really the fools. Again, they do not bail out Greece, Ireland, Italy, Portugal etc etc (now one major bank in France is on the hook to collapse BNP Paribas)..that money that came out of nowhere is to bail out the banks who screwed up. Zombie Banks get the money (yes, it's all going down the drain, because they are zombies, dead), we the people in Europe and the US get the debt (derivatives, fance word for debt paper assets) on the national balance sheet.

“of these money men , who thinks money can buy anyting,”

banksters and scumbags like lagarde thinks money can buy anything. They are intelligent psychopaths. They know what they are doing, but they don't care, that's how they see it and we can just eat (virtual) cake.

the more people understand this, the faster we can demand to let the banks fail, otherwise they kill us.
Sep 23rd, 2011 - 04:25 am - Link - Report abuse 0
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