Thursday, April 16, 2009

International Monetary Fund (IMF) Tells the World That No One is Escaping!

In case you don't know about the IMF, it is an international organization that oversees the global financial system. IMF will typically bankrupt a third world economy and has been rightfully criticized for its policies. The IMF has already destroyed the economy in Argentina! The IMF is predicting that no one will be able to escape the current financial collapse. There are no countries where you can go (what about Monster Island?). If the IMF is accurate, you will be paying for the bankers' debts for a long time.

THE International Monetary Fund has forecast a prolonged, deep global recession in a crisis "nobody is escaping," with recovery slow and difficult. Weak capital flows to emerging economies in the downturn will hammer Eastern Europe in particular, the IMF said in releasing two chapters from its twice-yearly World Economic Outlook (WEO).

Source: News Digital Media

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