2 trillion euro saving deal on its way! :), page-28

The banks and governments throughout Europe and the US would be great at Aussie rules - they keep hand balling the problem. First the governments bailed out private sector, now the governments expect to be bailed out. Sooner or later someone needs to kick a goal with proper fiscal policy, or risk being tackled. This is no long term solution - the bail outs during the GFC were just delaying the inevitable imo.

Shorters are not silly enough to cover on more hot air from the IMF or anyone.