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Friday, June 7, 2013

IMF admits it got Greece wrong. What does it get right

Greece in relation to the ultimately $310 billion bailout of the country. It's the latest, and some of the largest, evidence that the oracular powers and financial wisdom of the Bretton Woods institutions aren't what they're cracked up to be.In short, the IMF austerity program for the country has been a failure, at least from the perspective of the Greek people (the IMF estimates ...

READ THE ORIGINAL POST AT www.greekherald.com