Quote:
Originally Posted by Ignitionnet
Not going to happen, the IMF is in favour of coalition debt reduction policies, both pace and scope, while Brown is opposed to them. Brown, Balls and Milliband spent years ignoring IMF warnings about running deficits in booms as they were operating on the delusion that there would be no bust. Brown considered an asset bubble to be long term wealth creation (the only scary thing here is the effort the current government is putting into keeping said bubble inflated).
Brown himself said that it was time for the head of the IMF to come from somewhere other than Europe, Asia I believe was his suggestion, I agree.
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Some say they did a bit more than that, i.e. that they concealed data and tried to put pressure on the IMF to tone down their warnings about UK PLC. If they did that then they must have known how bad things really were rather than just disagreeing with the IMF's analysis.....
http://www.ftadviser.com/InvestmentA...ion-attack.jsp