In the latest revision to the IMF's economic outlook published this morning, the fund warns that the world is facing "a crisis like no other", and now expects global growth to shrink -4.9% in 2020, 1.9% below the April 2020 forecast of -3.0%.
The COVID-19 pandemic has had a more negative impact on activity in the first half of 2020 than anticipated, the IMF said, adding that the recovery is projected to be more gradual than previously forecast. In 2021 global growth is projected at 5.4% down from 5.8%, a number which will also be revised lower, with China's expected 1.0% growth (down from 1.2%) the big wildcard.
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7 comments:
Pullleeez
They created the Plandemic to cover up their money printing.
The international bankers are the communists
CHIT.... that’s nothing. I heard the planet earth is about to roll out of space. I feel bad that astronauts will head home and we’ve moved. On a lighter note, it was said at a bar last night. It is going to rain fudge and we could possibly not survive it.
buy GOLD and good Bourbon and bullets you may be bartering soon
That is the Democrat Plan. They want a communist/socialist country where they control the PEOPLE, MONEY AND PROPERTY. People better open those eyes before it is to late.
Mortimer!!! Get back in there and sell!! They're trying to corner the market!
Another sensational headline from a libutard. Funny. I never heard of this fool before. Now I know why.
Politicians Dis-connected from Reality !!!!
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