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IMF Reports Dismal, "Uncertain" Economic Outlook

The International Monetary Fund downgrades global economic forecasts, calling the future of the economy, "precarious" and "uncertain," with the release of the 2019 World Economic Outlook Report.
Washington DC - The International Monetary Fund downgrades global economic forecasts, calling the future of the economy, "precarious" and "uncertain," with the release of the 2019 World Economic Outlook Report.

"This is the most bleak economic outlook report that I've seen from the Fund," noted Jubilee USA Director Eric LeCompte who monitored IMF reports since 2010. "World leaders should be very concerned."

As a result of global economic risks, rising debt levels and trade tensions, the IMF's flagship report down graded economic growth projections to 3 percent. The report also cited growing disparity in wealthy and "advanced" economies and regions.

"Inequality is on the rise even in some of the richest societies," stated LeCompte who serves on United Nations finance expert groups. "The same disparity we see between developed and developing economies, is also on the rise at regional levels and within wealthy countries themselves."

homepage: homepage: http://www.jubileeusa.org


The Disaster Of Negative Interest Rates 17.Oct.2019 02:50

see also

 http://portland.indymedia.org/en/2019/10/437810.shtml

President Trump wants negative interest rates, but they would be disastrous for the U.S. economy, and his objectives can be better achieved by other means.


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 http://portland.indymedia.org/en/2019/10/437810.shtml

Today History Was Made.. Did You Miss It? | Negative Interest Rates United States Policy

Trump 1st U.S. president to advocate negative interest rates

 http://www.youtube.com/watch?v=LZyzLNKcdUw