Two Strange IMF Reports That See Reality Then Bury It

The International Monetary Fund constantly irritates me with its obvious bias and warped view of this planet. Not to mention, cruel policies. The latest reports by economists working for the IMF show this quite clearly. Since these are PDF files, I include a sample from both reports issued this last week. One is about FOREX reserves and it an amusing read for me but the one about the developing Great Western Financial Collapse is infuriating. Because all the problems bedeviling the West are exactly those which the IMF hammers emerging economies: too much debt, too easy lending, weak currencies and poor risk management as well as the final item, government overspending.
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