IPFS News Link • Central Banks/Banking
The IMF Hopes to Save the Banks---By Sacrificing the Economy
• unz.com by Michael HudsonKIM BROWN, TRNN: Welcome to The Real News Network. I'm Kim Brown, in Baltimore. With the worst of the great recession, supposedly, behind us, economic analysts still see signs that we're not yet completely out of the woods. A new report released Wednesday by the International Monetary Fund shows that some banks in the United States and Europe may not be strong enough to survive another downturn, even with States assistance.