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Wednesday, January 18, 2012

World Bank Warns On Risk Of Global Recession

NEW YORK (CNNMoney) -- The World Bank Wednesday slashed its 2012 growth forecasts for both emerging and developing economies from its estimates of only six months ago, and warned the world is on the cusp of a new global recession that could be as bad as the crisis four years ago.


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1 comment:

Anonymous said...

Let's hurry up and bail out the world economy. Keeping our own money to ourselves is such a bad idea. Reaping our own profits and banking our own money, saving and using the savings to pay off debt is such a selfish thing when we should really use the money to pay for Greece's new pedophiles disease treatment plan.