The IMF just announced that they have concluded that decidedly anti-Keynesian austerity policies in Europe of the past 5 years were a mistake: http://www.bloom

The IMF just announced that they have concluded that decidedly anti-Keynesian austerity policies in Europe of the past 5 years were a mistake: http://www.bloomberg.com/news/2013-01-04/imf-officials-we-were-wrong-about-austerity.html http://www.bloomberg.com/news/2013-01-04/imf-officials-we-we... The IMF isn't a pack of socialists, they were the main cheerleaders for austerity in the first place.