21st September 2011
The IMF painted a very gloomy picture for the global economy yesterday as it slashed forecasts for growth globally. Fiscal policy can't be too quick but nor can it be too slow.
Thanks IMF! We are all aware that fiscal policy is a major issue , however sometimes the only way to get yourself out of a situation is to double up , print more money, get capital flowing between the banks and then hopefully to the high street retailer.
In short lets buy confidence. The world economy is apparently entering a very dangerous phase and growth prospects have been cut for most countries slow and steady is the call however imagine generating some confidence the domino effect would start the growth ball rolling
Posted by Andrew Johnston
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