Issing Says IMF Better Suited Than EU to Greek Rescue
[Skip to the end] Except Greece probably doesn’t qualify under normal IMF standards, and the IMF would have to get short euro to make the
[Skip to the end] Except Greece probably doesn’t qualify under normal IMF standards, and the IMF would have to get short euro to make the
[Skip to the end] Functionally, the Fed seems to have agreed to lend USD to the ECB in unlimited quantities unsecured and non-recourse. This defies
[Skip to the end] This is hard to believe. Those CBs don’t have unlimited USD. So, if true, they will be borrowing them from the