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It's simply that the IMF isn't hung up about debt but about neo-lib 'reforms'. *Lunatic*, n. One whose delusions are out of fashion.
But from what I know Lagard buys 100% into Expansionary austerity.
Yes, while making occasional token mouth-noises to the contrary, I suppose to reassure attentive observers that she is not really as stupid as her actions suggest.
A bit like when sadists say 'This is going to hurt me more than it hurts you'.
Another well-coiffed confabulator of the first water... 'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty
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