Thursday 19 July 2012

The IMF is the leader of the Eurosceptic camp now..

Ambrose Evans Pritchard writes of the IMF's latest economic report, 'The IMF could hardly be clearer. It is a pre-emptive move to pin responsibility for the coming deluge exactly where it belongs: on those who created this doomsday machine and pushed it through as a federalist Trojan horse, with scant concern for Europe's democracies; on a second group of people who ran it for a decade with high-handed arrogance, disregarding warnings as the North-South gap grew to dangerous levels; and on a third group of leaders – led by Chancellor Angela Merkel – who now refuse to face up to the awful implications of what has happened.
The IMF is the leader of the Eurosceptic camp now.'