Koehler bullies

[Chris Burford <cburford@xxxxxxxxxx>]

Cowards are often bullies


> Speaking before the start Saturday of the semiannual meetings of the IMF
> and World Bank, where economic turmoil in Argentina is expected to be a
> major issue, Koehler said he was "deeply concerned about the developments
> in Argentina" and, in particular, the social hardship for a large part of
> the population.
>
> Koehler made clear that the Fund "cannot promise a comfortable process"
> for getting the moribund economy turned around. Argentina, he said, would
> have to swallow "bitter medicine."



> The IMF predicted Thursday that Argentina's economy would shrink by 10 to
> 15 percent this year, with inflation running as high as 30 percent.