For a long time, the International Monetary Fund (IMF) has had its supporters an

For a long time, the International Monetary Fund (IMF) has had its supporters anUncategorized For along time, the International Monetary Fund (IMF) has had its supporters anddetractors. In this discussion, you will have the opportunity to consider someof the IMF’s actions and determine whether they were beneficial as well asethical.To helpframe this discussion, consider the IMF’s actions in Greece. Greece spent adecade in economic turmoil starting in 2009. The IMF provided financialassistance to “bail out” Greece multiple times during the crisis.Their loans came with requirements that Greece needed to meet. Some argue thatthe IMF made the crisis much worse, whereas others feel the IMF provided timelysupport to Greece not long after the global financial crisis of 2008.In yourinitial post, address two of the four bulleted questions below.Whenshould a government, economy, or country be bailed out, if ever? Justify youranswer with specific examples and how the bailout or lack of bailout wouldimpact the global economy and the future of globalization.Ideally,which countries or organizations would provide the economic support for agovernment that needs a bailout? Is the IMF the ideal organization to bail outa country?Is itethical for the IMF to bail out countries that repeatedly make bad economic andfiscal decisions? Is it ethical for the IMF to have significant requirementsattached to its loans?Whatlessons should be learned from the Greek debt crisis for countries with debtobligation issues and for organizations such as the IMF?In yourresponses to two or more of your peers, address the following:The IMFis considering creating a digital currency. Assuming that we are in a worldwhere there is a single digital currency, who would ideally create a globalcryptocurrency? Would you trust the IMF to create one? Or would you prefer onecreated by a global bank such as JPMorgan Chase or one backed by a country?Whatare the ethical implications of cryptocurrency?