It's like we need eternal vigilence against people like this or something. There is always someone who thinks they have a technocratic solution that optimizes f

It's like we need eternal vigilence against people like this or something. There is always someone who thinks they have a technocratic solution that optimizes for their own interests and then litigates for it and encircles us while insisting it is in ours. Nobody subject to this proposed measure desires it. Why on earth does the IMF, an organization staffed almost exclusively by academic economists and political appointees, think they have any expertise whatsoever in consumer credit decisions? These are people whose understanding of business stops at "getting funding," from presumed and paternalistic granting agencies. The entire premise of their organization was to use lending as a globalized policy leverage tool, to issue bad loans to weak governments for political reasons, and then demand policy concessions in exchange for renegotiation terms. These have always been really bad people. It does suggest we need better p2p lending instruments, and really, anything that these organizations think they can do, we should probably be developing alternatives that limit their influence.