Good news: IMF lowering expectations for global economic growth « Hot Air: "France, Spain, and Italy are now all set to miss their target deficits in the next couple of years, and the IMF has upwardly revised their springtime projection for Greece’s total debt for this year from 153 percent of GDP to 171 percent. All of this is supposed to beg the question — should the euro-countries be required to stick to their still-not-even-a-real-solution targets, or should everybody just relax the rules and keep merrily skipping down the path of fiscal insolvency?"
'via Blog this'
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