For much of the last five years the International Monetary Fund (IMF), led by Madame Christine Lagarde, has been preaching austerity and savagely “bullying governments to run pro-cyclical fiscal policy (aka austerity) at a time when non-government spending was weak and weakening.”
During that time, millions of people around the world lost their jobs unnecessarily.
Read more at: The Australian Independent Media Network
Political and Social Commentary
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Australian Politics
Tracking Abbott's Wreckage
The Australian Independent Media Network
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President Barack Obama ... photos, videos & a word or two
Turning the tables on spin
John Kelly