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More IMF Lies?

Tyler Durden's picture




 

Presented with little comment.. Compare this:

  • *U.S. ECONOMIC GROWTH IS GATHERING SPEED, IMF'S LIPTON SAYS

To the following chart...

 

It appears the "big lie" remains well and truly in place... Just keep repeating it...

 

Oh and as a follow-up, Lipton nails it on Mexico...

  • *MEXICO'S 2013 SLOWDOWN DUE TO TRANSITORY REASONS, LIPTON SAYS
  • *IMF EXPECTS `MUCH FASTER' MEXICAN GROWTH IN 2014, LIPTON SAYS

and then there's this...

 

Chart: Bloomberg

 

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Mon, 03/03/2014 - 20:38 | 4504389 venturen
venturen's picture

Telling the old broad you get prettier every day!

Mon, 03/03/2014 - 20:40 | 4504396 negative rates
negative rates's picture

Just keep repeting it, "I am not in trouble, I am not in trouble, I am not in trouble, I say!"

Mon, 03/03/2014 - 20:54 | 4504434 AlaricBalth
AlaricBalth's picture

Before coming to the IMF in 2011, Mr. Lipton was Special Assistant to the President, and served as Senior Director for International Economic Affairs at the National Economic Council and National Security Council at the White House.

That's explains everything. Lipton has zero credibility.

Mon, 03/03/2014 - 21:08 | 4504472 knukles
knukles's picture

So Lipton's an asshole along with Freidman, Friedman and Friediman.
And Krugman.
Don't forget Krugman.

Mon, 03/03/2014 - 21:14 | 4504495 DaddyO
DaddyO's picture

Krugman must have had a big bulge after seeing all those pictures coming out of Kiev a week or so ago, eh?

Broken glass and burnt everything, bullish view from his Keynesian closet.

All these NWO hippies turned socialists must be just having the time of their lives watching all these world events unfold.

Death and destruction just perched on the tree limb waiting for the moment to pounce.

DaddyO

 

Tue, 03/04/2014 - 00:32 | 4505250 DeadFred
DeadFred's picture

The machines are programmed to believe. It matters not if you know that Mr. Lipton is full of it as long as the machines have faith.

Mon, 03/03/2014 - 20:47 | 4504422 Winston Churchill
Winston Churchill's picture

When I was drinking, I never went to bed with an ugly woman.

Sure woke up with a few though.

About time the IMF took in a few meetings.

Mon, 03/03/2014 - 20:55 | 4504437 DaddyO
DaddyO's picture

Hi my name's Christine and I'm a Central Banker...

DaddyO

Mon, 03/03/2014 - 21:09 | 4504476 knukles
knukles's picture

Booyah, my fellow members!

Mon, 03/03/2014 - 21:40 | 4504573 Hulk
Hulk's picture

You guys really blew it !!! Nows the time for heavy drinking !!!

Mon, 03/03/2014 - 21:53 | 4504635 DaddyO
DaddyO's picture

Only if you're a Ukrainian PM...

How many are there right now?

I lost count a 3...

DaddyO

Mon, 03/03/2014 - 22:28 | 4504804 forwardho
forwardho's picture

Keep coming back Christine.

Mon, 03/03/2014 - 22:48 | 4504911 DaddyO
DaddyO's picture

It only works if you spend it...

DaddyO

Mon, 03/03/2014 - 20:39 | 4504394 motorollin
motorollin's picture

You tend to gather speed quickly when going downhill.

Tue, 03/04/2014 - 09:25 | 4504395 prains
prains's picture

N. S. A    N. S. A.  !!

 

sorry I can't remember which letters to use any more

Mon, 03/03/2014 - 20:41 | 4504399 mayhem_korner
mayhem_korner's picture

 

 

They said speed, not direction.

Lies beget bigger lies.

Mon, 03/03/2014 - 21:09 | 4504478 knukles
knukles's picture

The Heisenberg Economic Forecast!

Mon, 03/03/2014 - 22:24 | 4504782 forwardho
forwardho's picture

The Hindenberg Economic Reality!

Mon, 03/03/2014 - 20:41 | 4504400 Kavklov
Kavklov's picture

INTERNATIONAL

MOTHER

FUCKER'S

Mon, 03/03/2014 - 20:43 | 4504407 Herodotus
Herodotus's picture

I was in my local Wal-Mart Supercenter today.  You could have shot a cannon off and not hit anybody.  How do these places keep the doors open with such a low level of business?

Mon, 03/03/2014 - 20:46 | 4504414 denverdolomte
denverdolomte's picture

Went to Home Depot to buy some lumber to build a trelise for some bigger plants and seriously saw maybe 1 or 2 other persons in there. The only places I see busy anymore are grocery stores. Even bars / pubs around here are losing customers rapidly. 

Mon, 03/03/2014 - 20:50 | 4504431 ramacers
ramacers's picture

have commented on this scene a number of times. nothing depicts a sick economy better.

Mon, 03/03/2014 - 21:54 | 4504639 Dick Buttkiss
Dick Buttkiss's picture

"The only places I see busy anymore are grocery stores."

It's a SNAP!


Mon, 03/03/2014 - 22:14 | 4504730 salvadordaly
salvadordaly's picture

You should come to my town, Things are booming. There are these new chain stores coming to town and they are popping up everywhere. They are called "FOR RENT" and "FOR SALE", and "SPACE AVAILABLE", by the looks of their locations they remind me of the coffebucks place. They are everywhere!

Mon, 03/03/2014 - 22:28 | 4504801 Osmium
Osmium's picture

You can go to a Sears store and have the entire store and all the sales people to yourself.  Pretty grim.

Mon, 03/03/2014 - 22:35 | 4504838 The Most Intere...
The Most Interesting Frog in the World's picture

SEEING MORE EMPLTY STORE FRONTS, ALOT MORE

Mon, 03/03/2014 - 21:01 | 4504453 CognacAndMencken
CognacAndMencken's picture

 

 

How does WalMart keep its doors open?  What alternate universe are you living in?  Just because the economy sucks in Backwater USA doesn't mean it's the same elsewhere.

http://ycharts.com/companies/WMT/revenues_ttm

 

Mon, 03/03/2014 - 21:43 | 4504585 Ness.
Ness.'s picture

Wal-Mart Stores Inc. said Friday that U.S. sales figures for its fiscal fourth quarter would probably come in below earlier forecasts when they’re announced Feb. 20 due to the effects of volatile weather and cuts to the federal food stamp program....

 

I hear that's going around these days, haha.  Fuck walmart.

Mon, 03/03/2014 - 21:45 | 4504595 Oldwood
Oldwood's picture

The important thing is to Not pay any attention to anything we see with our eyes and only believe what the corporations and government tell us. Whether they use GAAP in their reports is of less importance than the overall perception they are trying to project.

Mon, 03/03/2014 - 21:22 | 4504523 El Vaquero
El Vaquero's picture

I went to a couple of antique stores looking for a straight razor, and they were complaining that business has been very slow.  I did find a straight razor from 1860 that was not only functional, but in decent shape for $110 though.  (Didn't purchase it, but it was pretty cool.)

Mon, 03/03/2014 - 21:43 | 4504588 Hulk
Hulk's picture

Damn, I can get two Buttplugs with real horsehair for 110 bucks !!!

Tue, 03/04/2014 - 03:48 | 4505655 SAT 800
SAT 800's picture

Is it important to the horses to have real horsehair in their butt plugs?

Mon, 03/03/2014 - 20:45 | 4504412 Snoopy the Economist
Snoopy the Economist's picture

U.S. ECONOMIC GROWTH IS GATHERING SPEED, IMF'S LIPTON SAYS

Just replace 'growth' with 'collapse' and they are absolutely right.

Mon, 03/03/2014 - 20:46 | 4504419 max2205
max2205's picture

Moss is better

Mon, 03/03/2014 - 20:47 | 4504420 Rakshas
Rakshas's picture

Looks like the economic growth is about to transverse an event horizon...... into the black hole ....

 

 

 

 

.....bitchez

Mon, 03/03/2014 - 20:48 | 4504423 ShortTheUS
ShortTheUS's picture

Lies. Damned Lies, and Economics!!1one!!!

Mon, 03/03/2014 - 21:16 | 4504503 goldhedge
goldhedge's picture

The IMF is a good example of democracy 

/s

Mon, 03/03/2014 - 21:17 | 4504505 Bunga Bunga
Bunga Bunga's picture

TRANSITORY ... haven't heard that for a while.

Mon, 03/03/2014 - 21:17 | 4504506 nmewn
nmewn's picture

Lets get ready to Limbo!

(The dance, the lowered bar, oh never mind...lol)

Mon, 03/03/2014 - 21:21 | 4504518 Amish Hacker
Amish Hacker's picture

IMF EXPECTS `MUCH FASTER' MEXICAN GROWTH IN 2014,

 

...once the snow melts from that brutal Mexican winter.

Tue, 03/04/2014 - 03:49 | 4505659 SAT 800
SAT 800's picture

My friend just got back from there; he's having much faster bowel movements.

Mon, 03/03/2014 - 21:24 | 4504528 mendigo
mendigo's picture

I think your taking it out of context - he meant it will grow faster than it my otherwise have done. Harumf!

Mon, 03/03/2014 - 21:24 | 4504530 New_Meat
New_Meat's picture

"more IMF Lies?"

Were their lips moving?

- Ned

Mon, 03/03/2014 - 21:31 | 4504544 ptoemmes
ptoemmes's picture

But it is true that a jet/air plane (economy) in a flat spin will accellerate (gather speed) until it reaches terminal velocity and then smacks the ground in a spectacular crackup.

 

 

Mon, 03/03/2014 - 21:39 | 4504569 BullyBearish
BullyBearish's picture

Lipton...hmmm, dude should have stuck with the tea gig

Mon, 03/03/2014 - 21:43 | 4504583 kchrisc
kchrisc's picture

They're correct if one is counting the proliferation of pizza joints, barbershops and "stuffed autos" at the dealerships.

Mon, 03/03/2014 - 21:56 | 4504651 Oldwood
Oldwood's picture

Parents seldom feel any guilt at manipulation of their children to get desired behavior. The International Manipulators of Fraud feel no guilt in their actions as they think they are creating better lives for people. Just because there is some collateral damage,  millions people in destitution as a result of their games, is no reason to abandon their agenda. They are doing it for our own good. I'm sure it hurts them more than it does us. Sure it does.

Mon, 03/03/2014 - 22:00 | 4504662 nathan1234
nathan1234's picture

Yeah Yawnnnnn  Reggie Love is gathering momentum and the Bummer is having his climax

Mon, 03/03/2014 - 22:05 | 4504685 hangemhigh77
hangemhigh77's picture

Close your eyes and click your heels three times Lipton, there's no place like home, there's no place like home.

Mon, 03/03/2014 - 22:07 | 4504694 hangemhigh77
hangemhigh77's picture

I think he meant to say "in a parallel universe"

Mon, 03/03/2014 - 22:23 | 4504773 satoshi123
satoshi123's picture

Respect the IMF, them bitches got your new money when the USD fails, and we go to the IMF-SDR NWO currency for all.

I would really expect the normal sources here to be piling it on deeply for the IMF.

But there is still silence on BIS, which is telling, and never anything but good about mother Goldman-Sacks.

Mon, 03/03/2014 - 22:31 | 4504816 The Most Intere...
The Most Interesting Frog in the World's picture

PLEASE STOP THE NAIL FUNGUS ADS!!!!

Mon, 03/03/2014 - 22:38 | 4504856 ebworthen
ebworthen's picture

"How many lumps would you like with your tea?"

Fuck the IMF, to Hell and back, drug by a rope.

Mon, 03/03/2014 - 22:39 | 4504863 Flamin Rhoid
Flamin Rhoid's picture

 I live in a small coastal town of 7000 residents.I work in a 10,00sq.ft hardware store and our receipts totaled $4000 on a rainy Monday.Not empty stores everywhere.Just sayin...

Mon, 03/03/2014 - 22:40 | 4504870 Youri Carma
Youri Carma's picture

Hate those question marks in headlines. Just make it "More IMF Lies".

Mon, 03/03/2014 - 23:03 | 4504971 holdbuysell
holdbuysell's picture

The IMF gave ZH a fat pitch and ZH crushed it.

You just can't make this stuff up.

Mon, 03/03/2014 - 23:12 | 4505016 f16hoser
f16hoser's picture

UNFUCKINGBELIEVABLE, Hair-Lip-ton!

Tue, 03/04/2014 - 04:49 | 4505710 NoIdea
NoIdea's picture

Negative growth is gathering speed

Tue, 03/04/2014 - 08:14 | 4505959 deerhunter
deerhunter's picture

I just interviewed with Pizza Hut for a general manager job.  I worked in food service for almost 20 years ending in 1989 as executive chef of a country club.  At that time I was making 36k a year.  Starting salary for 50 plus hour work week and in reality many many more hours if you are understaffed which is always,  wait for it,  32K.  It is where your 5 dollar pizza comes from.  So less money than 25 years ago for 2014 dollars.  I was in a Dunkin Donuts the other day and bought one donut.  1.10.  One donut.  twe cents worth of batter deep fried in God only knows how old grease.  But,  there is no inflation.  Bread and circuses maybe not but football and 5 dollar pizzas maybe.  Just thinking out loud.  Oh, and those for rent signs?  You should see them in the commercial and industrial areas of Chicago.  They are everwhere.  For sale a close second.  And not just strip malls,  heavy industry,  warehouses,  factories,,,, everywhere.  And empty billboards in the land of billboards.  But,  the economy is booming.

Tue, 03/04/2014 - 08:21 | 4505979 Reptil
Reptil's picture

technically they're not lying... it'll be gathering speed
downwards

Tue, 03/04/2014 - 09:35 | 4506195 mendolover
mendolover's picture

Hey good news Ukraine! Nanny IMF managed to scrape together $600 million fiat for you! That should last you a few weeks!

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