will all the lefties stop whinning now?

[R1Geezer]

http://www.bbc.co.uk/news/business-13668574
Vindication from the IMF? Ed Balls disagrees of course!

[jno]

ah, so Dominique Strauss-Kahn and his buddies are right behind Cameron? What a feather in his cap.

[Postdog]

wish it was a knife in his back though....figuratively of course

[R1Geezer]

Get with the news jno, that blokes in jail, not running anything!

[jno]

his buddies are still there. And amazingly, not everyone thinks they are just wonderful.

http://www.economicsh.../i/imf-criticism.html

[Manwithnoname]

I dont hear any lefties whinning, but I can hear an anti leftie whinning.

[Gromit]

The IMF have a poor record. They caused a currency collapse in Argentina which brought the country to the edge of Bankruptcy 10 years ago.
And then they were pushing a zero-deficit policy and made it a condition to get IMF loans. The result was zero growth and high inflation.

One glimmer of hope, when the IMFs zero deficit policy failed it resulted in the Government resigning.

[Answerprancer]

Is that 'whining' or 'winning' (or both) ?

[Quizmonster]

Vindication! I wonder whether you actually READ the link-material.
The IMF admitted in Para 2 that "weak economic growth and rising inflation had been unexpected." So, what they had NOT expected to happen DID happen! Why, therefore, should we believe them when make ANOTHER prediction that says these problems are "largely temporary".
They further warned that there were still "significant risks" which may need a policy response. A "policy response" is all that Ed Balls has said is necessary, only HE calls it 'Plan B'!

[emmie]

lefties whining, well i never, time for George Osborne to get on with the job, and ignore the ones who heads were in the sand when in government.

[Gromit]

// The IMF's shareholders are governments, and the IMF often pulls its punches with major shareholders. Governments struggling with problems keep assuring the public that all is well, and discourage IMF warnings which might cause panic. Large creditor countries ignore IMF lectures: only borrowers listen, out of compulsion. This adds to the earlier problem - that prediction is very difficult, and the IMF's forecasting record is dreadful.

So, expect an avalanche of surveillance reports from the IMF in coming years. But do not believe for a minute that these will end future crises. //

http://blogs.timesofi...forecasting-record-of

[Sly,Duck]

Are the IMF like MFI, have they got a few screws short of a full set.

[LeMarchand]

Am I the only one who keeps thinking of THIS "IMF" whenever the "real" IMF are on the news?

Not to mention the "other" T(h)eresa May: http://en.wikipedia.org/wiki/Teresa_May?

http://www.youtube.com/watch?v=oRuMc_JouWU&feature=related