IMF Says the Recession is ON!


The International Monetary Fund said today that they believes that the US will exeprience a recession, defined as at least successive two quarters negative growth, in 2008. Of course, being the ivory tower economic analysts that they are they do not go any further than the technical definition of a recession.

Try this idea on for size: I have been telling you this for months, that there was a Recession. I guess these geniuses at the International Monetary Fund finally had to break down and say it. That would be expected if they actually worked for a living. You know it is difficult it was for them to come up with this concept that there was an Economic Downturn. Are they going to provide us with a unique solution for the problem of a Recession at this time. Don’t hold your breath.

Perviously IMF had a week growth US forecast this year of around 1.5 percent. Well guys, prepare yourself for this idea: You were wrong!

You know that in order to give them this lesson that deals with Recession in a mundane way. Ignoring a Recession is a great way to get even more Recession

Now isn’t the best time to say this, but if you’re with me so far then it should be quite clear to you what’s going on here.

This entry was posted on Tuesday, December 19th, 2017 at 9:01 pm and is filed under Recession. You can follow any responses to this entry through the RSS 2.0 feed.

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