2011/05/19

Why the Next IMF Head Must Be European

The next head of the International Monetary Fund (IMF) will have two tasks. He or she will have to both help stabilize the European common currency and help pave the way for a transition from the Western to the multi-polar world, both institutionally and financially. spiegel

Note: to impose 5% interest rate on the money borrowed from troubled countries like Greece, Ireland and Portugal?

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