Forecasters may be anxious not to be caught out,as they were by the 2008 recession. Nonetheless, the signs peruse ominousThere is a tendency for institutions that missed the warning signs before the final financial crisis to over-cook their doomsayer’s warnings as they consider the potential for another one.
The International Monetary Fund leads a group of gloomy forecasters that worry approximately the stability of the global economy amid rising debt levels and slowing GDP growth. How long, or they ask,can the expansion seen since the final crash go on before another recession hits?Jacking up rates to calm growth is straight out of the textbook. The misfortune with doing it now is that growth is slowingContinue reading...
Source: theguardian.com