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Daily Archives: April 14, 2020
IMF sees worst year since the Great Depression
The IMF has declared the recession of 2020 the worst since the Great Depression, assuming that the virus goes away in the second half and the economy gets back to growth. This chart shows the IMF’s projections for the G7 … Continue reading
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Roubini on the great recession underway
The mainstream never sees a recession or bear market coming not even when leverage and price-indiscriminate buying have reached record levels. Now that a major loss cycle has arrived once more, the same crowd is saying that everyone has lost … Continue reading
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