IMF says the world will ‘very likely’ experience worst recession since the 1930s


It’s not like we just emerged (more or less) from a debilitating depression or anything.

(From CNBC)

The global economy will this year likely suffer the worst financial crisis since the Great Depression, the International Monetary Fund said Tuesday, as governments worldwide grapple with the Covid-19 pandemic.

The Washington-based organization now expects the global economy to contract by 3% in 2020.

Reprinted from:

0 0 votes
Article Rating

Follow Against Crony Capitalism on:

Notify of
Inline Feedbacks
View all comments