I couldn't agree more; as I said, the record is dire and where it's been seen to work I think a counter factual can be constructed that could have produced as g

I couldn't agree more; as I said, the record is dire and where it's been seen to work I think a counter factual can be constructed that could have produced as good or better results. That's not to say that the IMF couldn't do far better, just not by using the formula of fail that they've stuck to for the last fifty years. Greece is going to be the proof point for me - all of the pain no gain at all. I give it eighteen months.