IMF chief tells developing countries to prepare for three possible storms

Tuesday, December 20th 2011 - 01:07 UTC

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IMF Managing director Christine Lagarde urged on Monday developing countries to shore up their defences, especially foreign exchange reserves, against a possible European recession next year. Read full article

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Yuleno
Put another way,Lagarde said,don't rely on Europe & USA,for economic growth.Answer.Rely on yourself.Consequence.The answer is localised free trade.Just what O'Bhama said.Truth.Rely on yourself and make your own deals.Capitalism for tomorrow is always the promise,rarely today.
Dec 20th, 2011 - 09:35 am - Link - Report abuse 0
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