Hi Spanners, I'm pleased that the interview was of interest and tonights Lateline interview mentioned the direction given by the IMF and its role in this stimulus package. Without Libs challenging it we would not see the IMF hand in this...would we?
As mentioned in the Keating interview IMF is Washington based with over 51% of the vote to USA and EU.China has 3% and India 1% of the vote.
As usual we are following USA and EU and take a look at their positions...advised by the IMF? We bought sub prime junk from USA supposedly with AAA ratings.. The stockmarkets have been shortsold and masacred enabling lenders to demand repayment of loans .. saving themselves and their shakey banking practices.
This is the act of desertion that must change the way we obey the IMF instructions and the 51% power brokers.
I believe that this crisis was always going to lead to new partnerships and that means disappointing old friends.imo.
