Japan might be helping to bail out the International Monetary Fund (IMF) to aid emerging markets, which makes one wonder if the country’s exchange traded funds (ETFs) will soon be ripe for some investment themselves.
Billions In Aid. The International Monetary Fund (IMF) has warned that there may not be enough money for any more bailouts within six to eight months, and Japan has offered to add $100 billion to the fund to go toward aiding emerging markets.
Dominique Strauss-Kahn said this weekend that the IMF needs more countries to follow the example of Japan. The problem is, no other countries have the money. The IMF is aware that most countries are about to go bankrupt this year, and Eastern Europe is hottest on their radar.