Tuesday, June 7, 2011

Back paddling as you go over the waterfall?

The IMF has no credibility in forecasting the UK economy

The IMF yesterday cut its growth forecast for 2011 for the UK to 1.5 per cent but said the government's economic policy was going along swimmingly. The Chancellor seemed to be really pleased about their endorsement. But Slasher didn't seem to notice that the IMF argued that the risks to their forecasts were "significant".

Posted by rental john @ 11:44 AM (621 views)
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