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ralphmalph

Imf Gets Lots Of New Money

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http://uk.biz.yahoo.com/01092009/325/eu-mu...ntribution.html

So after deal at the G20 they now think that another 100bill from US, 100 bill from Japan, 75 bill from EU and 11 billion from UK is needed on top of the 750bill they already have.

So first question why do they need so much money as far as I know they hav so far donw just a few bill in Iceland, Pakisstan and Hungary. Now they think they need about 750 billion more that would support a big country.

Second point is why do our stupid policitians pay more into the IMF than German yand France by quite a considerable amount. What do they not understand about the financial position we are in.

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http://uk.biz.yahoo.com/01092009/325/eu-mu...ntribution.html

So after deal at the G20 they now think that another 100bill from US, 100 bill from Japan, 75 bill from EU and 11 billion from UK is needed on top of the 750bill they already have.

So first question why do they need so much money as far as I know they hav so far donw just a few bill in Iceland, Pakisstan and Hungary. Now they think they need about 750 billion more that would support a big country.

Second point is why do our stupid policitians pay more into the IMF than German yand France by quite a considerable amount. What do they not understand about the financial position we are in.

What you worrying about? We just printed it and gave it to foreigners. Eventually, they will spend it on UK goods.

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http://uk.biz.yahoo.com/01092009/325/eu-mu...ntribution.html

So after deal at the G20 they now think that another 100bill from US, 100 bill from Japan, 75 bill from EU and 11 billion from UK is needed on top of the 750bill they already have.

So first question why do they need so much money as far as I know they hav so far donw just a few bill in Iceland, Pakisstan and Hungary. Now they think they need about 750 billion more that would support a big country.

Second point is why do our stupid policitians pay more into the IMF than German yand France by quite a considerable amount. What do they not understand about the financial position we are in.

what financial position would that be then ?

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what financial position would that be then ?

overborrowed?

under invested?

unemployed?

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Guest Steve Cook
http://uk.biz.yahoo.com/01092009/325/eu-mu...ntribution.html

So after deal at the G20 they now think that another 100bill from US, 100 bill from Japan, 75 bill from EU and 11 billion from UK is needed on top of the 750bill they already have.

So first question why do they need so much money as far as I know they hav so far donw just a few bill in Iceland, Pakisstan and Hungary. Now they think they need about 750 billion more that would support a big country.

Second point is why do our stupid policitians pay more into the IMF than German yand France by quite a considerable amount. What do they not understand about the financial position we are in.

They may have paid the IMF with quantitatively eased money. That way, when/if they need to increase the money supply at a later time, they can be "given" it back by the IMF. This makes it seem to the populations of those countries less like funny-money and more like "real" money.

Just a speculation.....

Edited by Steve Cook

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