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To: John W
According to the Atlanta Fed, we are most likely in a recession right now.

https://www.cnbc.com/2022/07/01/atlanta-fed-gdp-tracker-shows-the-us-economy-is-likely-in-a-recession.html

(Declaring a recession 6 months after it is over seems about right for the "experts" at the IMF.)

5 posted on 07/07/2022 6:48:52 AM PDT by Sooth2222 (“Toute nation a le gouvernement qu’elle mérite.” ("Every nation has the government it deserves.”) )
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To: Sooth2222
Which means IMF's recession prediction is actually a depression prediction and this dingbat will help it along.

https://wikispooks.com/wiki/Kristalina_Georgieva#Climate_change

“In a world that’s eager for higher growth, this is an opportunity to accelerate investment in low-carbon technologies and speed up the transition to a low-carbon world.”

“These things are not necessarily against each other. You can have growth and it can be clean, green, sustainable and equitable.”

On the fiscal side, the fund is pushing for a carbon tax that would reflect the damage burning fossil fuels causes to the planet. This is currently levied at an average rate of $2 a tonne; the IMF thinks it should be increased to $75 a tonne by 2030.

There's that 2030 year again. 2030 ought to be a blast.

13 posted on 07/07/2022 7:26:09 AM PDT by Pollard (If there's a question mark in the headline, the answer should always be No.)
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