The Mysterious and Terrifying Case of the Chinese Foot Leg

Hey, it’s Friday so time to have some fun and no more boring stuff about the IMF or going into detail about how one of Daddy Isarescu’s best pals just got installed as a VP of the EIB because it’s time to have some fun. What do you say? Yay for fun and boo for boring stuff. A couple of days ago, the ever-vigilant and … Continue reading The Mysterious and Terrifying Case of the Chinese Foot Leg

Did We Mention How Awesome We Are?

Well the unsleeping eye picked up a new report (PDF) about just how Romania is doing in terms of making the IMF happy. You can certainly click on the link and read the entire thing, acronym and jargon-filled as it is, but if you want to save yourself some time I’ll sum it up for you in one sentence: “Damn we’re so awesome for lending … Continue reading Did We Mention How Awesome We Are?

Was Ion Stan Right?

All day I’ve been wracking my brain, trying to see if there was any way to prove if what Ion Stan said was right or wrong. Essentially he is stating that the IMF is deliberately undervaluing Romania’s GDP by 20% in order to induce politicians (and economic “experts”) to take on IMF loans. Well there’s no way to prove something definitively, especially as I sure … Continue reading Was Ion Stan Right?

Economic Assassins

Well it’s Monday which means time to put watching old TV shows on the back burner for a bit and do some serious work. Through some research, I came across a statement from an old PSD heavyweight politician from Targoviste and noticed it had been receiving very little attention in Romania and zero attention in the English language media. If you speak Romanian, I recommend … Continue reading Economic Assassins