Good news: IMF lowering expectations for global economic growth
posted at 2:41 pm on October 9, 2012 by Erika Johnsen

The International Monetary Fund is yet again lowering everybody’s already-lowered expectations for global economic growth. But, pourquoi?, you may very well ask. That would be because nobody in the developed world at this moment seems fully capable of getting their fiscal act together.

Shockingly, multiple European governments are still failing to meet the deficit-reduction targets they’re required to hit as part of their various agreements with the IMF and other bodies, reports the WSJ. Whoever could’ve seen this coming?

http://hotair.com/archives/2012/10/09/go...conomic-growth/