Friday, December 20, 2013

12-20-2013 Newshound Guru Kaperoni

12-20-2013   Newshound Guru Kaperoni   I did see Parliament recessed to Jan 4th...came back from vacation 1 day..and back on vacation to Jan...they may work, but wont pass anything.  The CBI is not compliant with the IMF as we thought on Monday.   That appears to be a typo, and was corrected.  They corrected it to 1219 and today they are 1218 which is about 3.2% so better, yet still not where it should be.   If the CBI is not in compliance, they are not in compliance and nothing can happen until they are.  That is factual and can be validated by reading any Article IV consultation on any emerging market economy.  Until they conform, they are not moving.  [reference Kaperoni's post 12-17-13]