06.06.2013 - 12:28 [ Keep Talking Greece ]

IMF review admits: Greeks, we screwed you with wrong program & false multipliers

The IMF’s review on its Greek program was released late last night. The 51-pages document on Greece’s fiscal adjustment program 2010-2013 is more than clear: The IMF screwed Greeks for three consecutive years. The IMF failed to realize the damage austerity would do. The IMF failed to predict the real recession. The IMF applied wrong multipliers.