[blam]

"Do please note that Shapiro, of the IMF no less, said that without a credible plan, it could be SHTF in Wonderland within 3 weeks' time. This is all the more remarkable a comment because, if a meltdown does really occur, the IMF are fapp out of business (not exactly a bad thing, given their atrocious track record over the past 40 years)."

Posted to FR yesterday:

"In The Absence Of A Credible Plan We Will Have A Global Financial Meltdown In Two To Three Weeks"

[SAJ]

Sorry, blam, I had not seen it on FR.

In any event, such a quote from any honcho at IMF is indeed remarkable, and might be worth repeating for emphasis.

[jpsb]

thanks I have not seen that one, I have been curious as to how long the bad news can go on without a meltdown.

[mewzilla]

The IMF’s plan is a one trillion dollar plus bailout fund. I wonder where the IMF will get the money......