The hopeless/incurable/corrupt insanity of the IMF can be illustrated with absolute clarity by simply looking at two nations: Iceland and Greece. Following the Crash of ’08; the International Monetary Fund (and its other partners-in-crime) issued “advice” to all of the governments of the corrupt West, advice which, in the case of Greece, has now turned into demands.
1) “Bail-out” all of the Big Banks (i.e. cave-in to their pay-me-or-else extortion).
2) Designate these Big Banks as being “too big to fail”, so that they can play their pay-me-or-else extortion game forever.
3) While rewarding the Big Banks for their extortion (and reckless gambling), punish your people with crippling/suicidal Austerity.
One nation – Iceland – didn’t listen to the IMF. Instead of submitting to the extortion of its Big Banks; it ignored their demands. Instead of dubbing them “too big to fail”, and permanently protecting the Big Banks; it put them to death. Instead of taking care of the Big Banks (who caused the economic crash/crisis) and punishing their people; it took care of its people – and punished the Criminals.