Tuesday, September 16, 2008

Help us, IMF!

Did you know that the United States is getting a stability assessment from the International Monetary Fund? I heard this on NPR yesterday, and I'm surprised it's not getting more play. Some of the sources for the story say that it's not a big deal, that many wealthy nations have gone through this. But this strikes me as fodder for a political advertisement.

Seriously, the United States, home to the world's leading business schools and more economists than you can shake a stick at, has such a crappy financial system that we need guidance from the IMF to keep us from tanking.

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