Johnny Comes Lately… again

Economy enters ‘dangerous phase’

The global economy has entered a “dangerous new phase” of sharply lower growth, according to the International Monetary Fund (IMF).

The organisation warned that continuing political and economic woes in the US and eurozone could force them back into recession.

The IMF says the prognosis for economies in the developed world is “weak and bumpy expansion”.

Source (not image, that was my doing): BBC News, Read more


It appears as though someone has finally pulled his/her (can’t be sexist) head out of their anus.

The IMF have woken up. I have been reading exactly this in blogs and non-mainstream media sites for the last two years.

IMF… what a bunch of losers.

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