Business Quote by Michael Hudson

We're at the end of long cycle that began in 1945, loading the economy with debt. We're not going to be able to get…

— Michael Hudson

It was very important for us to hear that both European governments and the IMF are going to sustain and augment their commitment to…

— Charles Dallara

Greece will not manage to get back on its feet without restructuring its debt. There is no way around it. The country's creditors will…

— Peer Steinbruck

The IMF acts as the collection agent for global bondholders. Its projections begin by assuming that all debts can be paid, if economies will…

— Michael Hudson

We have a debt the size of our economy, which makes us look a lot like Greece.

— Mitch McConnell

The IMF is set up to deal with liquidity crises.

— Steve Hanke

“Taking her cue from the points I had made, Christine seconded my appeals for debt relief and lower tax rates as prerequisites for a…

— Yanis Varoufakis

“IMF is really designed to protect creditors not debtors.”

— David Graeber

Debtor countries may postpone the inevitable by borrowing from the IMF or U.S. Treasury to buy out bondholders. This saves the latter from taking…

— Michael Hudson

I think we all know that world owes an enormous debt to Greece and the Greek people.

— Barack Obama

It seems evident that the IMF has learned nothing from its inequality-inducing policies during the 1980s debt crises in Latin America nor from its…

— Sharan Burrow