And Finally - The Usa To Bailout Italy For 794 Billion - Well The Imf

[Debaser82]

Quote from ElecEquity:

I'm pretty sure the US and Japan are the largest contributors to the IMF.

Then reread the numbers.

 

[ElecEquity]

Quote from Debaser82:

Then reread the numbers.

Didn't read any numbers on it. Listened to Kyle Bass speak about it a few weeks ago and that's what he said. No disrespect, I'll take his word for it over yours. Either way I can't trade off of it.

 

[trefoil]

Quote from ElecEquity:

Didn't read any numbers on it. Listened to Kyle Bass speak about it a few weeks ago and that's what he said. No disrespect, I'll take his word for it over yours. Either way I can't trade off of it.

You're probably both right. US and Japan are the largest individual contributors (25% more or less between the two), but Europe as a whole probably beats US/Japan combined.

 

[toc]

Bailout investments in the US have turned into profits a short time later but same cannot be said about PIIGS type nations. Corruption, inefficiencies and take for granted attitude is in their operational DNA so IMF and its backers need to be very careful about the EU bailout business.

 

[dtan1e]

Quote from toc:

Bailout investments in the US have turned into profits a short time later but same cannot be said about PIIGS type nations. Corruption, inefficiencies and take for granted attitude is in their operational DNA so IMF and its backers need to be very careful about the EU bailout business.

if u call accounting gimmicks and various tricks by the fed as profits, i call it theft

 

[Tsing Tao]

This rumor was later denied by the IMF itself. La Stampa - just another rumor spreading rag.