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Thursday, July 19, 2007

IMF SHOULD PRACTICE WHAT IT PREACHES

Here's an idea that could bolster world economic harmony and help solve future financial crises: Dump French President Nicolas Sarkozy's candidate for new head of the International Monetary Fund and appoint a candidate from Asia, Latin America or Africa. Isn't it a contradiction in terms that the IMF, which supposedly stands for free markets and against monopolies and quotas that hurt competitiveness, automatically excludes the vast majority of its member countries from the possibility of leading it? Read the full column here, and let us know what you think.

2 Comments:

Anonymous Anonymous said...

from: Paul Thørsen
PThorsen240@aol.com

åndêrš, no way. The money to loan to poor countries comes from the rich countries, ao the rich countries should be in charge of that money.
Your absurd idea is like putting the fox in charge of the hen house. Or like letting Hispanicks dictate immigration policy for the USA.

10:55 PM  
Anonymous Anonymous said...

Again Andres, you are making a fool of yourself.

Tell your banker next time you are there that you have decided, in interest of socialist fairness, that YOU are now going to run the bank because .... well.... because it is more fair (and you need a low interest sub-prime loan fast).

What's next, demand my PIN number...?

PPPLLLLLEEEEAAASSSSEEEEE. NOTHING BUT SOCIALIST/FASCIST ABSURDITY.

1:39 PM  

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