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Reply #19: IMF rescue of Italy will spark global uprising [View All]

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 07:11 AM
Response to Reply #7
19. IMF rescue of Italy will spark global uprising
http://www.marketwatch.com/story/imf-rescue-of-italy-wi...

LONDON (MarketWatch) Soviet Russia didnt produce much of enduring value. No one drove its cars, or flew in its planes if they could possibly avoid it. But it did have a good line in cynical world-weary humor.

Among the many jokes that circulated in the country was one that went like this: Every philosophy is like looking for a black cat in a dark room; Marxist philosophy is like looking for a black cat in a dark room, but the cat isnt there; Soviet philosophy is like looking for a black cat in a dark room, the cat isnt there, but you keep shouting Ive found it! Ive found it!

The search for a solution to the euro zone crisis is starting to sound very similar and might soon start to develop its own brand of morose gags. Every week we get another big search for a smart-sounding scheme to rescue the project. Every week, officials proclaim they have found it when, of course, they havent really.

The latest wheeze? Getting the International Monetary Fund to bail out Italy.

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