Friday, September 9, 2011

IMF Chief: World Entering 'Dangerous New Phase'

QUOTE: "She warned that both advanced and emerging economies faced key economic challenges, and that governments must "act now" to stop further contagion. "Policymakers should stand ready, as needed, to take more action to support the recovery, including through unconventional measures," Lagarde said. 

"Unconventional measures"?  Oh boy....

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