Tuesday, October 28, 2008

IMF Going Broke

The Sun reports:
The world’s bank — the International Monetary Fund — is going BUST and must be bailed out, Gordon Brown warned last night.

The IMF has only got £150billion left, it emerged — with dozens of countries queuing up for major handouts to keep afloat.

The PM urged cash-rich China and oil sheikhs to give hundreds of billions so the IMF can keep giving out funds — and stop it going bust.
No word yet on whether Nancy Pelosi will blame "free market" economics on the IMF's financial conditions.