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IMF Sees 'Alarming High' Risk Of Deeper Global Slump

Bloomberg - The International Monetary Fund cut its global growth forecasts as the euro area’s debt crisis intensifies and warned of even slower expansion unless officials in the U.S. and Europe address threats to their economies.

The world economy will grow 3.3 percent this year, the slowest since the 2009 recession, and 3.6 percent next year, the IMF said today, compared with July predictions of 3.5 percent in 2012 and 3.9 percent in 2013. The Washington-based lender now sees “alarmingly high” risks of a steeper slowdown, with a one-in-six chance of growth slipping below 2 percent.

“A key issue is whether the global economy is just hitting another bout of turbulence in what was always expected to be a slow and bumpy recovery or whether the current slowdown has a more lasting component,” the IMF said in its World Economic Outlook report. “The answer depends on whether European and U.S. policy makers deal proactively with their major short-term economic challenges.”

Read more at Bloomberg



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The IMF has ONE GOAL: To STEAL as much money from...

...hard-working Americans as possible.

Most Americans are so ignorant that they have no idea how this FUND works.

It's nothing more than a redistribution system designed to move as much money from hard-working nations to lazy ones.

While they, acting as middle-men, get rich in the meantime.

The United States SHOULD GET OUT of the International Monetary Fund!!!

"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul

Not many people get that

Not many people get that growth rate can not always be a large number. Everything always has to be boom, but that of course isnt correct. I am sure plenty of people here know that though.
Something interesting to think about is that perhaps natural economic growth should follow population growth.

To climb the mountain, you must believe you can.

IMT

International Manipulating Traitors

"We can see with our eyes, hear with our ears and feel with our touch, but we understand with our hearts."