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International Middle-Man Fund

Editorial, The Washington Post | October 30, 2008

International Monetary Fund resources are limited and might not handle all those requests from new, strategically located democracies like Pakistan, Ukraine and Hungary if things get too severe; however, the US, Japan and Europe should still borrow from the IMF when needed in order to ensure global stability without borrowing from Gulf Arab states, Russia or China, which would attach political strings. ++ Instead, the IMF should offer benefits to these countries in order to use their bailout money with less political consequences.

 

 
 
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