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Thursday, June 6, 2013

IMF On Greece: We Screwed Up But It's Really The Eurozone's Fault

For Euro crisis enthusiasts, today?s IMF review of its Greek program is a real treat. By official standards, the document is thoroughly honest and clear. The report contains two clear messages. Message One: We screwed up. (This is widely accepted outside the IMF but the admission is refreshing all the same.) Message Two: Dealing with the Eurozone countries was impossible and it?s really their fault.

READ THE ORIGINAL POST AT www.forbes.com