Skin-Damaged, French Vegetarian, Tea-Totaller, No-Tax-Paying IMF Head Begins to Worry…

Her parents were apparently terrible tax planers (she was born 1 January 1956 – like one of my many beaux-frères [brothers-in-law]), so as an accounting professor have always had a hard time taking Christine Lagarde (recently appointed head of the International Monetary Fund) seriously, but she has come around to understanding that “a deterioration in the global economy, saying the outlook has become more worrying as developed and big emerging nations show signs of slowing down“.

In Tokyo today, she said that, “The IMF’s forecasts are likely to be lower than our previous forecasts.”

A bit late, but welcome to the party, Mme. Lagarde.

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Filed under Developing Nations, Europe, Finance

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