Restructuring, Default & Debt Reduction

[Brad DeLong]

>	Brad DeLong wrote:
>
>>  $500 billion? (They not only have to have enough, they have to have
>>  so much that everyone is sure they have enough.)
>.
>How do you know Meltzer wouldn't support giving the IMF $500 billion in
>exchange for turning it into a simple lender of last resort?
>
>Seth

He might. His position has been moving rapidly since early November...

Brad DeLong