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Re: I.M.F. Predicts Deeper Global Downturn Even as Economies Reopen

By: zzstar in FFFT3 | Recommend this post (0)
Wed, 24 Jun 20 5:30 PM | 17 view(s)
Boardmark this board | Food For Further Thought 3 		Msg. 58778 of 65535
(This msg. is a reply to 58777 by clo)
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There will be no expansion of anything without a vaccine.

Period.

As for those who play the game some US states play, they will only harvest disaster.

There is no r onomatopoeia with virus around and hospitals full.

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The above is a reply to the following message:
I.M.F. Predicts Deeper Global Downturn Even as Economies Reopen
By: clo in FFFT3
Wed, 24 Jun 20 5:22 PM 		Msg. 58777 of 65535

I.M.F. Predicts Deeper Global Downturn Even as Economies Reopen

World finance group expects a 4.9 percent contraction this year instead of its previously forecast 3 percent drop, underscoring the scale of the task facing policymakers.

.....

The pandemic has not spared advanced or developing economies. The I.M.F. now projects that the U.S. economy will shrink 8 percent this year before expanding 4.5 percent next year. Economies in the eurozone are projected to shrink 10.2 percent this year and expand 6 percent next year. The economy of China, where the virus originated and which imposed draconian containment measures, is expected to expand 1 percent this year and 8.2 percent in 2021.

more:
http://www.nytimes.com/2020/06/24/business/imf-world-economic-outlook.html

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