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The Neverending Bailout

Now the New York Times is reporting:

WASHINGTON — With the financial crisis engulfing developing countries from Latin America to Central Europe, raising the specter of market panic and even social unrest, Western officials are weighing coordinated action to try to stabilize these economies.

The International Monetary Fund, which is in negotiations with several countries to provide emergency loans, is also working to arrange a huge credit line that would allow other countries desperate for foreign capital to borrow dollars, according to several officials.

I wonder when Atreyu will make his first appearence to demand a bailout for the world of Fantasia.

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More Blog Posts by Philip Klein

http://spectator.org/blog/2008/10/24/the-neverending-bailout

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