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TheCountOfNowhere

We Hate To Say We Told You So...but

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They've downgraded growth AGAIN. Not preaching Recession. Global growth to be 3.1%.

However, they're on the right track.

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"Six years after the world economy emerged from its broadest and deepest post-war recession, a return to robust and synchronised global expansion remains elusive...

So the world economy emerged from recession in 2009. So why are interest rates still at their lowest for at least 5000 years.

They are such twisters and dissemblers.

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Just as population growth here (immigration, reduced mortality etc) boosts the UK's GDP, surely the growth in the human population should boost the worldwide economy?

Does this mean that on a 'like for like' basis we're already in recession? How much of the reported growth is based upon magic numbers like imputed rent?

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we all seem to be in agreement.

the question is, will they "save%help" us again this time.

I hope not. I can't take anymore of their assistance

I agree too :D What I find interesting is a graph about world growth or something yesterday and it peaked mid 2014, same as the housing bubble here?

In a weird way I hope they go all out for assistance, crash the financial system and destroy the fiat currencies. Hopefully afterwards we can start again.

With real inflation estimated at least 5%, we've technically not been out of recession?

Edited by Assume The Opposite

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