A bankrupt IMF close to seizing Ireland's €20 billion cash horde

digme

The IMF is a consortium made up of bankrupt banks, mostly in the U.S. The IMF was close to bankruptcy a few back – but the ‘global financial crisis’ that they caused – gave them a chance to swoop into countries with weak politicians and grab some easy cash.
Ireland, as reports have said, has plenty of cash for two years of operations – but the IMF needs that money now. So Ireland must lose its sovereignty.
It’s tragic, but it’s history. Next week it’ll be Portugal and Spain. The naked bond sellers have already softened up those countries and the rating agencies stand by to downgrade their debts. By the time the IMF shows up to steal what’s left these countries will be paralysed with fear and the pickings easy.

The above is what max keiser is saying for the last few years.So the IMF is broke.
The banks which make up the IMF are insolvant.

Atilathehun

digme wrote: »

The above is what max keiser is saying for the last few years.So the IMF is broke.
The banks which make up the IMF are insolvant.

The satchel carrying Mr Chopra, begged Lenny and BIFFO, to be taken over by NAMA. Having carefully looked at the IMF books, our two bright boys, rejected the request from Mr Chopra, on the grounds that the IMF was not broke enough:cool: You cant be going into our NAMA half broke. You must be absolutely, completely and totally fcuked, like Anglo etc,

The Recliner

The OP is currently banned from CT so this thread which was moved from politics is being locked