IMF

The IMF has thrown cold water on any hope of a speedy worldwide recovery. Their latest forecast cuts growth expectations both in the United States and Europe. The group calls for immediate stimulus to mitigate the problem. However, Europe is on a huge austerity kick with sizable cuts in government spending. This is what has killed the Japanese economy over the past 20 years. Cutting when you should be spending and spending when you should be cutting.

And you assume you got something to offer
Secrets shiny and new
But how much of you is repetition
That you didn’t whisper to him too – Rodriguez

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