Yes, so the IMF
hasn't been relevant enough.
But the IMF
must be relevant if we want to get out of this mess. And the mess I refer to is the general global situation that's far worse than just America's current financial "crisis."
The IMF was created to avoid situations of which we see now in the global economy. Something must be done to give it clout. Failing that, another organization should be created to carry out the transnational regulations roachboy discussed.
Why should the U.S. remain in the driver's seat? Unless they can prove themselves worthy otherwise, perhaps it's time for such a regulatory makeover as globalized as our current markets.
Oh, and can we have a moratorium on the chickens' roosting metaphor? I've read it on this board at least four times in the past week or two.
