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fishweewee

Angela comes out of the closet.

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Angela is more like Otto von Bismark than der schickelgruber...

 

however:

 

IMF Chief Unveils Euro Plan And Warns of '1930s Moment'

 

edited - complete article in the Fate of Europe thread

 

After a turbulent 2011, Ms Lagarde announced that Tuesday's updated IMF economic projections would result in "lower growth forecasts for most parts of the world."

 

"Even these lower forecasts assume a constructive policy path that is by no means assured," she cautioned.

 

And she warned that if policymakers failed to grasp the seriousness of the situation, "we could easily slide into a '1930s moment'."

 

"A moment where trust and cooperation break down and countries turn inward. A moment, ultimately, leading to a downward spiral that could engulf the entire world."

 

However, Ms Lagarde said, "I believe we can avoid such a scenario ... although the economic outlook remains deeply worrisome, there is a way out."

 

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Some people say Hitler was evil,

 

but he wasn't all bad,

 

after all he killed Hitler.

 

excellent point..........:)

 

 

ah the germans were always destined to take over europe........;)

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The "hot tape" rolling from 11:40 am

 

*MERKEL SAYS `MORE EUROPE' NEEDED

 

*MERKEL SAYS `TRUST IS THE BIGGEST CURRENCY'

 

*MERKEL SAYS COUNTRIES MUST CEDE MORE POWERS TO EU

 

*MERKEL SAYS MORE EU INTEGRATION NEEDED TO WIN BACK CONFIDENCE

 

*MERKEL SAYS DOUBLING RESCUE FUNDS WOULDN'T NECESSARILY WORK

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