Joe
pre 14 godina
I have no special love for the IMF. Also IMF is not Wall Street. Those people however, who ignorantly badmouth the IMF should have some logic, should keep in mind that the IMF is not forcing anybody to take a loan. Any country, who is in dire condition could theoretically borrow from other sources like Russia. The question is is that other source willing to lend and at what interest rate?
In the case of Hungary in October of 2008 there was no better and no faster source. Hungary s/b very greatful that the IMF saved it from a state bankrupcy. But unfortunately ignorant people always resort to polemics. They don't know anything else.
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