The International Monetary Fund admitted it had failed to realise the damage austerity would do to Greece as the Washington-based organisation catalogued mistakes made during the bailout of the stricken eurozone country.
UK Guardian
The surprise is not that austerity measures have royally screwed the Greek economy, but that the IMF admitted as much.[N]ot even Greece could have turned into Greece without a lot of help from some international financial finagling.
Charlie Pierce
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