What do AAMers think WILL happen in the coming months

I think the current bond market rates are a bubble that will fall back "normal" (aka high) rates after the budget.

Government will get the budget through , but will fall before the spring.
 
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The IMF have their own sacred cows. They will eliminate public services. They will privatise everything that moves. You can expect to be paying directly for everything - health services, education, roads, water etc etc. They will eliminate local industry and encourage imports of everything. Have a look at their track record in South America.

Linky?
 
The IMF have their own sacred cows. They will eliminate public services. They will privatise everything that moves. You can expect to be paying directly for everything - health services, education, roads, water etc etc. They will eliminate local industry and encourage imports of everything. Have a look at their track record in South America.

Thats simply scare mongering. Where is the example of the IMF doing all those things? Especially the bit about eliminating local industry.
 
Try http://www.amazon.com/gp/product/0393065073/ref=cm_li_v_cr_self?tag=linkedin-20 or http://www.naomiklein.org/shock-doctrine for a starting point

Seriously? Your sources for such a sweeping and incorrect statement are some anti globalisation and free market books? I am not wasting my time on socialist drival.

Show me proper impartial academic research on the IMF (there is plenty) and show me where they have done the things that you have said.
 
Seriously? Your sources for such a sweeping and incorrect statement are some anti globalisation and free market books? I am not wasting my time on socialist drival.

Show me proper impartial academic research on the IMF (there is plenty) and show me where they have done the things that you have said.

At a guess, if you rule out everything that you call 'socialist drivel', then you will only find nice things said about the IMF. I guess you only want to hear the nice things - right?
 
Don't worry Sunny.
We all know the IMF/EU will just tell the goverment how much to cut/raise and goverment will have to decide on where/what to cut/tax. The goverment will just be forced to make the decisions they have been putting off.
 
At a guess, if you rule out everything that you call 'socialist drivel', then you will only find nice things said about the IMF. I guess you only want to hear the nice things - right?

No I want to read something without a political angle. There are plenty of proper research papers written about the IMF without having to read ideological driven rubbish.

Again, where have the IMF privatised everything that moved, elimated public services and destroyed local industry?
 
Don't worry Sunny.
We all know the IMF/EU will just tell the goverment how much to cut/raise and goverment will have to decide on where/what to cut/tax. The goverment will just be forced to make the decisions they have been putting off.

That's pretty much it. The IMF don't come and destroy countries. The fact that the IMF are there is because the Country ruined itself. All the IMF do is get the Country back on a sustainable path. Yes there is pain involved but lets keep the scare mongering out of it.
 
At a guess, if you rule out everything that you call 'socialist drivel', then you will only find nice things said about the IMF. I guess you only want to hear the nice things - right?
In fairness, Naomi Klein - that's your source?

At the very least make it a Chomsky reference.
 
My gut would be that we will be cohabiting with our IMF / EU masters pretty soon and to be up front I would be one of those who would welcome the IMF in. This country is broken, not only financially but in terms of ethics / leadership and morailty. Politicians / trade unions / the clergy / bankers / developers etc etc have brought this country to a stage of paralysis where only the likes of the IMF can come in waving a big cheque and say "if you want the money then there are no sacred cows" and do what has to be done.

That said, our government is so inept that we will probably blow a huge opportunity that exists right now to extract a bailout at a fantastic rate as the big boys are frantically seeking to resolve the "Irish problem" to stop the contagion effect.
Roy
+1 Couldn't agree with you more
 
+1 Couldn't agree with you more

++1

It would be nice if they could fix the Department of finance as well as those at the top are not up to the job. The same can be said for Justice and most of the other departments but that's not the IMF's remit.
 
Any links to an article rather than a book? Oh, and preferably something fact based rather that opinion based. I'm assuming this won't be a problem for someone who constantly demands such references when sweeping statements are made.
And something that's been written in the last 5 years as the IMF isn't the same animal it was in the 80's.
 
Any links to an article rather than a book? Oh, and preferably something fact based rather that opinion based. I'm assuming this won't be a problem for someone who constantly demands such references when sweeping statements are made.
I'm pretty sure that I've never asked somebody for 'an article rather than a book'. I'm really not that motivated to go digging round for articles for you, only to find them dismissed because you don't like what they're saying.

At the very least make it a Chomsky reference.
Never read him, tbh. But there was another reference there too - not just Klein.
No I want to read something without a political angle.
Anything that involves the IMF is inherently political. They come in with an extreme-right 'Chigaco School' political approach.
 
Anything that involves the IMF is inherently political. They come in with an extreme-right 'Chigaco School' political approach.

Again, there is plenty of independent research that has looked at IMF interventions in various Countries. Show me where they have gone in with an extreme right wing agenda and did the things you are accusing them of. Hungary, Iceland, Latvia, Argentina and Greece are recent examples of IMF activity. Start with there if you like. Are you saying those countries no longer have public services or local industry?
 
It's also a very sad indictment of the Irish people and our democratic process that we have allowed in the past, continue to allow at present and in all probability into the future, such a shower of gombeenmen Irish politicians to run our affairs, and that we as a nation are incapable of standing up and booting them out, and need to go crying to the IMF to help "fix" us.
 
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