by Brian Maher
Daily Reckoning
“Something will have to give.”
So the International Monetary Fund warns us.
Yet what must give? And why must it give?
These are the questions that seize our attention today. Reports Bloomberg:
The International Monetary Fund leveled an unusually direct criticism at U.S. policymakers Tuesday, saying the country’s recent standout performance among advanced economies was in part driven by an unsustainable fiscal policy.