The New York Times Urges the Troika to “Make an Example of Greece” – New Economic Perspectives

This is an outstanding, must-read article. Check it out!

via The New York Times Urges the Troika to “Make an Example of Greece” – New Economic PerspectivesNew Economic Perspectives.

If we are to believe this article, the real power rests with Germany’s industrial barons.

Thoughts?

Behind the scenes at the IMF on a fateful day in the Greek crisis – GIGI

This is an outstanding read from CIGI. Check it out!

via Behind the scenes at the IMF on a fateful day in the Greek crisis.

The IMF must take a large share of the responsibility for the crisis in Greece. By meddling in politics and becoming Angela Merkel’s poodle the IMF has become shamefully inadequate.

Thoughts?