IMF Debt Pusher Calls Eurozone Bailout What It Is: Dope

Monday, May 10, 2010 , , , 2 Comments

I'm so glad someone involved in this mess has finally gotten real about what it is.


The $1 trillion global emergency package for the euro zone is "morphine" that has the potential to calm markets but should not be seen as a long-term solution, the IMF's head for Europe said on Monday.

"What has happened last night gives a little bit of relief for the Europeans. It has potential for calming down markets," Belka, who took part in the ministers' meeting, told a World Economic Forum conference in Brussels.

"Don't treat it as a long-term solution. It is a kind of morphine that stabilises the patient. Real treatment has yet to come."

Craaaaaaaaaaaaaack for everyone!!

(Updated editor's note: I understand crack and morphine are not the same thing. As far as I am concerned, this is definitely on the "uppers" side of that difference.)

Jr Deputy Accountant

Some say he’s half man half fish, others say he’s more of a seventy/thirty split. Either way he’s a fishy bastard.


Anonymous said...

Yup, takes more and more juice to get the desired rush and high. The higher you climb, the worse the impact when the fall comes. To be fair to your Mid Western readers, don't forget Meth and a few years from now, let's be sure to do the before and after analysis.

Anonymous said...

So did you know there is a Jr. Deputy Baseball site on the web? No shit - Little League baseball from Little Rock, Arkansas. I hope those poor little 10 year olds don’t go Googling for the team schedule for next Monday’s double header and mistakenly come to Jr. Deputy Accountant. Too young to have their whole world changed.