Posted on 04/12/2014 5:37:22 PM PDT by NormsRevenge
WASHINGTON (AP) — The world's top finance officials expressed confidence Saturday that the global economy finally has turned the corner to stronger growth. This time, they may be right.
Despite challenges that include market jitters about the Federal Reserve's bond-buying slowdown and global tensions over Ukraine, policymakers said they believe there is a foundation for sustained growth that can provide jobs for the millions of people still looking for work five years after the worst recession since the Great Depression of the 1930s.
"Creating a more dynamic, sustainable, balanced and job-rich global economy remains our paramount collective goal," the policy-setting panel of the 188-nation International Monetary Fund said in a concluding communique.
IMF Managing Director Christine Lagarde and the finance ministers who sit on the IMF's policy panel said they believed the world had entered a new phase with stronger growth that will begin to make in-roads into unemployment that remains painfully high in many nations.
At a closing news conference, Lagarde referred to the years 2008 through 2010 as an economic "disaster" and she said now "we are moving into a strengthening phase."
The IMF in its latest economic forecast predicted global growth would strengthen to 3.6 percent this year and an even better 3.9 percent in 2015.
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(Excerpt) Read more at news.yahoo.com ...
Who resigned?
Little fish! Keep believing the man behind the curtain. Invest! Oh, you minions. Make us financiers wealthier still.
Anybody in the market is a fool.
I want whatever these guys are smoking
Are you saying the IMF is out of touch with reality?
Amen
Just in time for the 2014 election cycle! What a coincidence!
Oh yes, I can see it turning the corner from my porch.
“Little fish!”
I think the correct terminology is “Muppets” in the financial world.
Yet the recovery never comes
I guess IMF stands for institutionalized malfeasance.
But put a fascist/socialist in office, enacting policies that have been proven over and over again to be destructive to an economy...and the MSM keeps claiming we've turned a corner, we're in a recovery...
Funny, we've been turning that corner and recovering for 5+ years now and not only are things no better, they are in fact quite a bit worse. Lying SOBs.
Guess the fed doesn’t have to worry about the interest rates now?
I laugh and laugh and laugh when I catch ANY sort of MSM News about ‘The Recovery.’ These people are DELUSIONAL!
Whistling Past The Graveyard. It’s just nuts!
How are things doing in Wisconsin, Diana? Are you seeing ANY kind of turnaround? Here in Florida we aren’t seeing squat as far as “the turnaround” goes ... I hear the DeeCee area is doing quite well ...
Meanwhile:
Stocks Drop Due to Jitters on Earnings
http://www.wkrb13.com/business/291102/stocks-drop-due-jitters-earnings/
Yahoo news is on the cutting edge of the globalist disinformation campaign.
We’re on track, but things aren’t really ‘Bustin’ Loose’ as one would hope. For the meanwhile, we’re just rollin’ back the Tide of Socialism and hanging on tight!
Many Wisconsin RINOs are bailing from our House & Assembly prior to the fall elections in 2014. Scandals that SHOULD have been exposed YEARS ago are FINALLY being brought to light for those that KNOW they’ll lose re-election when primaried/run against a True Conservative.
In other words, Wisconsin IS ‘draining the swamp.’ And that’s a Good Thing, Martha!
It’s going to be an interesting next few years for ‘Sconny. ;)
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