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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (35921)6/20/2008 7:58:17 PM
From: elmatador  Read Replies (1) | Respond to of 217542
 
IMF tells states to plan for the worst

By Krishna Guha in Washington -- Published: March 12 2008

Governments might have to intervene with taxpayers' money to shore up the financial system and prevent a "downward credit spiral" from taking hold, the International Monetary Fund said on Wednesday.

...
He urged policymakers to “think the unthinkable” and prepare now for what they would do if the worst case scenarios materialised and “low probability but high impact events” threatened to jeopardise global financial stability.

Message 24693040

Bring on, as I said.