The International Monetary Fund now predicts that 2019 growth 
is likely to be just 3%, the same as in the onset of the 2008 recession. This compares with 5.6% at the 2007 cycle peak, and -0.1% in the 2009 recession bottom.
The chart on the left shows world trade volumes, industrial production and manufacturing since 2014. See: Global recession could well materialize, IMF warns.
With very limited monetary policy options, the IMF urges the time is ripe for revolutionary incentives and investment in energy and infrastructure. No surprise there. Here is a direct video link.
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