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Is IMF Short for I Must Fail?

David4015 Wrote: Oct 13, 2012 10:16 AM
No...its short for ":Ignorant Mo Fo"

Courtesy of Steen Jokobsen, chief economist at Saxo Bank in Denmark, here is an interesting article via email. Steen writes ...

Is IMF short for I must fail?

Fiscal Multipliers are wrong, IMF admits - the biggest macro story this year

The big story this week is the International Monetary Fund's (IMF) admission that the fiscal multiplier is not 0.5 percent but really 0.9-1.7 percent according to Financial Times article
It’s (austerity) Multiplier Failure

This is actually not just...

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