Wednesday, September 21, 2011

IMF: World Economy: Dangerous New Phase

Good morning. As the Managing Director said last week, the global economy has entered a dangerous new phase. The recovery has weakened considerably, and downside risks have increased sharply. Strong policies are needed both to improve the outlook and to reduce the risks.

That may be enough for you, or you can read the whole thing at Transcript of the World Economic Outlook (WEO)

5 comments:

  1. All the world empires come back and fall in quick succession at the End of Days. Bavel rose and fell when Saadam Hussein was hung on the 9th of Tevet in 2007 (5767). Persia (Iran) rose but according to the Talmud in Avodah Zarah and elsewhere will not fall until there is a conflagration with Rome at the very end. But next is Greece, and Greece unlike the others was absorbed into Rome and is the Darkness on the Face of the Abyss. So the Abyss is Rome (Western Civilization) itself. So it appears that in order for Rome to economically collapse, Greece must lead the way.

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  2. Well, that has happened already, they're just propping it up with smoke and mirrors because they know it will take down the big French banks, then the EU followed by the US.

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  4. Yes, Red Tory, if he could actually do that, and that is a big if, Obuzzard could end up being the 11th horn in Daniel's vision of the ten horns. But for that we need to first wait for the West to economically collapse. Then it has to establish ten economic superstates each with their own Governor and currency, such as the Amero for NAFTA, etc. And only then if Obuzzard is somehow still around at that time could he very potentially become the 11th horn which uproots three of the Governors and comes chasing after Israel. Of course the economic miracle of the 5th year of the Shmittah cycle will be because of Mashiach ben Yosef, but someone like Obuzzard might gladly take credit for it. He is foremost a buzzard after all.

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