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IMF predicts worst recession since Great Depression

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.”

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Related:

The Secrets of the Federal Reserve by E. Mullins

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

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