Breakingviews TV: Lebanon lows | Reuters Video

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Watch: Amidst political turmoil in Lebanon, rating agency Fitch has shunted the country’s debt further into junk territory, suggesting a default is likely. Three_Guineas explains what’s causing the trouble and why an IMF bailout looks probable.

01:15UK jobless rate back to near 45-year lowUK jobless rate back to near 45-year low05:38.

01:15UK jobless rate back to near 45-year lowUK jobless rate back to near 45-year low05:38

Source: Loan Digest (loandigest.net)

 

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Three_Guineas central bank wasn't transparent about their financial engineering schemes. swaps occured without declaring the amount or interest. They don't produce a thorough balance sheet. Pure Ponzi. Three_Guineas your views on IMF and why they don't solve any problems would be appreciated

ReutersBiz Three_Guineas Oh yeah! IMF bailout will make things better, said no citizen of every financially-strapped country in the world.

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