Posts Tagged ‘International Monetary Fund’

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    Bailout Fatigue

    May 17, 11 • 153 Views • Demand, Supply, and Markets, Economic Debates, Economic History, Economic Thinkers, Financial Markets, Government, International Trade and FinanceNo Comments

    Yesterday, in a 94-0 vote, the U.S. Senate said it had bailout fatigue. No, they were not referring to Fannie Mae or General Motors. They meant Greece. This is the connection: By selling government securities, Greece had borrowed money to fund massive