IMF on the Global Economy

J

justrading

Schaeuble says nothing to worry about but data worldwide does not give reason to be optimistic. Europe seems to be heading into recession, excess factory capacity across Asia has been increasing and whilst America seems to be on the up and up, it's hardly spectacular.

Where I'm at (Thailand) 2014 growth is projected to be just 1.6% which is positively anaemic, and it can't all be attributed to the political unrest in the first 5 months this year.

http://www.ibtimes.com/imf-members-call-bold-action-boost-global-economic-recovery-1703516
 
Christine Lagarde, head of IMF, shouldn't be in position to run the bank. her brain is wired for talking about problems and issues with the world economy, which is regurgitated by the press by million of times already. She's never offered a solution to problem. She loves to whine like an old maid :).
 
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