This is an excellent, must-read article from Ambrose Evans-Pritchard, International Business Editor at the Telegraph. Check it out!
Greece misses IMF payment in warning shot as showdown with Europe escalates – Telegraph.
The article speculates that Greece is about to miss an IMF payment as a warning shot in an escalation towards the endgame in the debt talks. The article focuses upon mixed messages coming from the IMF and cites a former IMF employee suggesting that Greece should reject additional austerity.
It seems that the IMF specialists are out of line with their political leaders and sponsors.
Perhaps, it is time to reform the IMF?
Thoughts?