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Imf Explores Options To Expand Its Lending Power To $1.3 Trillion

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http://online.wsj.com/article/SB10001424052970204226204576601770559829528.html

In addition, say officials involved in the discussions, the IMF is also weighing whether to sell bonds in private markets on short notice, a move that could bolster its safety net beyond $1.3 trillion. The IMF has never sold bonds of this sort, and the U.S. and Germany among others have resisted such moves out of concern that the IMF would have too much independence from its major shareholders. It's not clear whether that opposition has lessened with the ongoing global financial turmoil.

Finance officials from the Group of 20 industrialized and developing nations are working quietly with IMF staff on these issues.

Excellent news for the global taxpayer, IMF bonds backed by you to bailout the over indebted with even more debt.

All it takes to solve a debt crisis is more debt.

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  • 333 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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