BRUSSELS—The International Monetary Fund has identified a need for $600 billion in additional resources to help fight the European debt crisis, a euro-zone official said Wednesday.Umm, who's got $600B laying around to hand to the IMF?
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi4lwqyf2B3aISKr625apZgPiXD0wG9nM2hssWSSWWZwGPpr-NXx5QejcXRLJ7_QfCl3bIqUNzBFlpqbIPCWDfsr5zNfta8sA7NRdXH3gC2qE0yf_C1A9Xvhi0dhbjpYdxH0caNzA/s320/magician_rabbit.jpg)
Image from Fiery Darts.
2 comments:
It's not magic! It's Tribble Economics. :-)
The Fed likes that theory, too.
And then there's the whole supply-and-demand problem
1 rabbit is worth $5
100 billion rabbits is likely to be worth negative-several-hundred-million dollars, if the experience of Australia is any indication.
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