IMF fears political rage will block Federal Reserve's rescue efforts when the next crisis hits

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This time the Trump administration might ask why it should 'bail out' the Europeans who have been less that friendly to his White House.

 

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Trump’s gonna need someone to bail him out of jail

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Davos: head of IMF warns against rising fat-cat payChristine Lagarde urges world’s financial sector to find greater purpose and slams lack of women at top of banking No one seems to pay any attention at all to what the IMF head says unless it implies tax cuts and austerity. Funny, that. we could have told them that! Yet this newspaper would happily criticise the politician who’d sort this out.
Source: The Guardian - 🏆 84. / 53 Read more »