A hypothetical IMF loan to the US.

[piece-itpete]

Take for the sake of conversation that we no longer had the world reserve currency and the reality of everyone else's currency applied to us.

Being basically broke, we turn to the IMF. What do they say?

Based on what I've read over the years they require a couple of things:

A balanced budget. For real, no smoke and mirrors, true austerity.

Free market reforms. A boatload of regulations and restrictions out the window.

Transparency, which we may have already. But I wonder if we'd be up to snuff completely.

Just thinking out loud.

Pete