Here’s the breakdown;
IMF World economic outlook 07 10 2014
- IMF say geopolitical risks have worsened
- Sees lower potential growth in advanced economies
- Sees increased risk of financial market correction as markets under prices risk
- Says there’s a 30% chance of the Eurozone falling into deflation and 40% risk of heading back into recession
- IMF’s Blanchard says that there’s a risk EZ growth could stall (could???) and falling into deflation becoming the major issue confronting the world economy
Funny how 5 minutes after posting about Germany they become one of the countries with the biggest cut in growth.
