" The world's stuttering economic recovery will continue to disappoint next year, the head of the IMF has warned. Rising US interest rates, a Chinese slowdown and disappointing world trade will all weigh on growth prospects in 2016, said Christine Lagarde. The IMF estimates the global economy will expand by 3.6pc next year, but Ms Lagarde - writing in German business daily Handelsblatt - said growth would be disappointing and uneven."At last an official acknowledgement that the German austerity forced on Europe for the last seven years has been a terrible mistake caused by the stubborn and stupid insistence of the messianic Merkel and her mad crippled adviser Schaubel. Just as the US and UK successful economic policies of the last few years are being reined in with small interest rises the ECB are printing €trillions of euros far too late and the IMF is in a panic having now changed position by 180o. When has Germany ever had any policy that does not suit its selfish interests and wrecks Europe every time in the process? No wonder Merkel is out of the headlines for a change. She should hang her head in shame and push Schaubel way out of the picture. Best Germany should leave Europe and take its satellite slaves with it...well... "The IMF has calculated that emerging market companies have "over-borrowed" by $3 trillion in the last decade, reflecting a quadrupling of private sector debt between 2004 and 2014." "Any "failed normalisation" of interest rates and market conditions would wipe 3pc from the world's economic output over the next two years,according to the Fund's financial stability report." Ah, so we should keep the 'accommodative monetary policy' that allowed this to happen, because we screwed up in the 'accommodative monetary policy' that let it happen. Who's responsible for overlooking all this? Ah, that would be you Christine, would it? Never mind, my advice is start pointing to it now and try and thereby distance yourself from it.... Ah again, I see we have already...
Access Investments-Building Awareness - European Union-ROMANIA
Thursday, January 7, 2016
" The world's stuttering economic recovery will continue to disappoint next year, the head of the IMF has warned. Rising US interest rates, a Chinese slowdown and disappointing world trade will all weigh on growth prospects in 2016, said Christine Lagarde. The IMF estimates the global economy will expand by 3.6pc next year, but Ms Lagarde - writing in German business daily Handelsblatt - said growth would be disappointing and uneven."At last an official acknowledgement that the German austerity forced on Europe for the last seven years has been a terrible mistake caused by the stubborn and stupid insistence of the messianic Merkel and her mad crippled adviser Schaubel. Just as the US and UK successful economic policies of the last few years are being reined in with small interest rises the ECB are printing €trillions of euros far too late and the IMF is in a panic having now changed position by 180o. When has Germany ever had any policy that does not suit its selfish interests and wrecks Europe every time in the process? No wonder Merkel is out of the headlines for a change. She should hang her head in shame and push Schaubel way out of the picture. Best Germany should leave Europe and take its satellite slaves with it...well... "The IMF has calculated that emerging market companies have "over-borrowed" by $3 trillion in the last decade, reflecting a quadrupling of private sector debt between 2004 and 2014." "Any "failed normalisation" of interest rates and market conditions would wipe 3pc from the world's economic output over the next two years,according to the Fund's financial stability report." Ah, so we should keep the 'accommodative monetary policy' that allowed this to happen, because we screwed up in the 'accommodative monetary policy' that let it happen. Who's responsible for overlooking all this? Ah, that would be you Christine, would it? Never mind, my advice is start pointing to it now and try and thereby distance yourself from it.... Ah again, I see we have already...
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