IMF predicts worst recession since Great Depression

1

Store food now folks and plant a vegetable garden.

From NZHerald.co.nz

Apr 23, 2009

WASHINGTON – The global economy is likely to shrink this year for the first time since World War II.

The International Monetary Fund projected the 1.3 per cent drop in a dour forecast released overnight. That could leave at least 10 million more people around the world jobless, some private economists said.

“By any measure, this downturn represents by far the deepest global recession since the Great Depression,” the IMF said in its latest World Economic Outlook. “All corners of the globe are being affected.”

For the rest of this article, go here.

Related:

The Secrets of the Federal Reserve by E. Mullins

The Obama Deception, a documentary by Alex Jones (2009).

Clare Swinney

Next Post

Yet Unseen Photos From A Russian Pilot Taken on 9/11

Thu Apr 23 , 2009
The pilot who took the photos, states that he doesn’t believe at all that the manoeuvre he witnessed could have been executed by some rookie who just graduated from “Florida Flight School.” To see the photos and a description of what he saw and thought, go here. Related: Danish Scientist […]

You May Like

//