This is an excellent, MUST READ article from the IMF. Check it out!
via IMF Survey : Global Growth on the Rise but Risks Remain, Predicts IMF WEO.
Whilst I do not necessarily disagree with the IMF”s outlook, I fear that it masks huge disparities between different social classes. I would like to see the data broken out with further segmentation.
I expect that long term unemployed and millennials will not take much comfort from the IMF’s outlook.
Surely, there is a need to look at the disparities by income, class, education etc?
Any thoughts?
The IMF, is seen by many as a official government bank, whereas, it is a bank owned by private people who posture as some authority that they do not have, they are a largely a secretive organization, who objective is to make huge money, often giving money to those who are government officials, who are paid to oil the wheels, that eventually put countries and these taxpayers in a sort of slavery, to pay protection money, to ward off a country being plunged in to war, if they do not cooperate with what many consider a criminal organization.