IMF to run out of cash

Story link: IMF to run out of cash

Dominique Strauss-Kahn is right, why should they continue to bail out failing economies, when there is no signs of a turn around.
Nothing so far, that the government has put into place, has made a major affect. The Recent VAT cut being one of them. While many industries may benefit slightly, its just simply not enough.

IMF to run out of cash

Dominique Strauss-Kahn said the Fund needed an urgent cash infusion if it was to continue bailing out troubled economies in the future. Mr Strauss-Kahn also indicated that the world’s advanced economies were now tipping from recession into full-blown depression, cementing fears about the scale of the economic slump in rich nations.
The IMF head made the comments in Kuala Lumpur in Malaysia over the weekend, where he is attending a meeting of central bankers from Southeast Asia. The Fund has bailed out a number of countries including Iceland, Latvia and Pakistan but Mr Strauss-Kahn said there would be many others in need of help in the months ahead.