This page has been archived and commenting is disabled.
IMF Cuts Global Growth Expectations, Still 30% Above Consensus
The always "nailing it" IMF has downgraded global growth expectations...
- *IMF SEES WORLD ECONOMY GROWING 3.8% NEXT YEAR VS 4% JULY EST.
Citing geopolitical risk (among other things). The only problem - the IMF's estimate is still 30% better growth than the consensus expects for 2015...
»
- 3792 reads
- Printer-friendly version
- Send to friend
- advertisements -
How about bio-risk?
There's gotta be a pony in here somewhere. Maybe next year. Next year. Next year.
Because we already found the horseshit, right?
The elevator still appears to be headed lower.
Going down?
The elevator hasn't moved in 5 years. They're just moving the backround up and down to give you the illusion of movement.
all hail the orange muppet!
Depressing times such as these, call for extra measures.
And musical chairs continues...
That's what you get for putting Keith Richards in charge of the IMF.
Idiot Monetary Fund
Ouiji board engaged
maybe their .2 percent reduction is based on a .2 percent reduction (-14,000,000) in the global population next year, compliments of the ebola virus.
Only is Straus Kahn was still there. He would have surely ebola-ed IMF.
Lucky number 3.8 on the IMF dartboard.
I wish the IMF another delicious supper in Kabul.
So, lets see a global growth chart overlaid on a global debt chart, overlaid on a global work place participation chart. Lets see this fucking "growth" in context.
if only casino 's roulett could be same.
BLACK !....NO ! hmmm RED !..... no !!!! 25 ! no, 36 green ! NO !! 0 !!!
at least, still in some place over the world, rules apply:/
Europe done Japan done China done USA done!
Credit is not growth! Net cash earnings and savings are growth!
It's all Ebola's fault.
GDP growth is nonsense when Global debt to GDP is approx 83% and they are running budget deficits year after year.
A bigger issue is that they have no idea as to how to get back on the road to solid growth. The recent drum beats and flames of war have distracted many people from focusing on the economy. The markets are extended beyond beyond, all this comes at a time when the IMF is calling for more QE.
It seems this might be a good time to review the reasons this is economically unsound at a time markets are setting new record highs as economies continue to struggle. The policies of the last six years have yet to produce the desired and expected results promised. As a consolation many economist, bankers, and those who have benefited greatly tell us we would be in far worse shape if we had not taken this course. Now it seems Central Banks and the IMF are clueless on how to proceed and a policy going forward. More on the lack of a clear path in the article below.
http://brucewilds.blogspot.com/2014/09/central-banks-and-imf-clueless-on...