© 2024 Blaze Media LLC. All rights reserved.
If you think the global economy is getting better, think again. Three years after pulling out of a recession, the International Monetary Fund is now warning that the global economy is at risk of sliding into another worldwide downturn even worse than it was in 2009. According to The Wall Street Journal, the IMF sees an 'alarmingly high' risk of a deeper slump, as they predict the world economy will expand just 3.3% this year, the lowest since 2009. In addition, the IMF is predicting a meager growth of only 3.6% next year. The new report is taking into account the current crisis in Europe, and the uncertainty here in the U.S. over the so-called fiscal cliff, which many suspect may trigger another recession here in the states.
On "Real News From TheBlaze" Tuesday the panel discussed what influences the IMF projections and how a global collapse will hit the U.S., as well as what we can do as a country to prevent world-wide economic decline:
Want to leave a tip?
We answer to you. Help keep our content free of advertisers and big tech censorship by leaving a tip today.
Want to join the conversation?
Already a subscriber?
more stories
Sign up for the Blaze newsletter
By signing up, you agree to our Privacy Policy and Terms of Use, and agree to receive content that may sometimes include advertisements. You may opt out at any time.
© 2024 Blaze Media LLC. All rights reserved.
Get the stories that matter most delivered directly to your inbox.
By signing up, you agree to our Privacy Policy and Terms of Use, and agree to receive content that may sometimes include advertisements. You may opt out at any time.