Oct 07: IMF forecasts 2008 world growth of...

  1. BH!
    2,521 Posts.
    Oct 07: IMF forecasts 2008 world growth of 4.75%
    [http://www.imf.org/external/pubs/ft/survey/so/2007/res1017b.htm]

    Actual 2008 world growth: 3.2%

    Jul 08: IMF forecasts 2009 world growth 3.9%
    Oct 08: IMF forecasts 2009 world growth 3%
    Jan 09: IMF forecasts 2009 world growth 0.5%
    Apr 09: IMF forecasts 2009 world growth -1.3%

    Jan 09: IMF forecasts 2010 world growth 3%
    Apr 09: IMF forecasts 2010 world growth 1.9%
    [http://www.imf.org/external/pubs/ft/weo/2009/01/pdf/text.pdf]

    Conclusion: They don't have a freakin clue!
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.