IMF head says global economy now in recession

[DeluxAuto]

IMF head says global economy now in recession

WASHINGTON - The head of the International Monetary Fund said Friday it is clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn.

 

[stickygirl]

No shit

 

[Curmudgeonly]

Only if you redefine the word.

Headed towards a more than likely recession? Of course.

 

[DeluxAuto]

Only if you redefine the word.

Headed towards a more than likely recession? Of course.

Once you become head of IMF, I'll give you a listen.

 

[Saint_Ann]

That might be one of the better outcomes, no?

 

[Curmudgeonly]

Once you become head of IMF, I'll give you a listen.

Argumentum ad verecundiam? I am devastated by your riposte. Truly!

Once one gains a basic grasp of what a recession is, how it is identified, when it can be determined, and how it is measured. . .one has the minimal prerequisites to discuss the topic..

Allow me to edify you:

Recession
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending. This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock, a pandemic, or the bursting of an economic bubble. In the United States, it is defined as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales". In the United Kingdom, it is defined as a negative economic growth for two consecutive quarters. Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply or increasing government spending and decreasing taxation.Wikipedia

https://www.nber.org/cycles/jan08bcdc_memo.html

http://news.bbc.co.uk/1/hi/business/7495340.stm

https://web.archive.org/web/20121102095705/http://www.hm-treasury.gov.uk/junebudget_glossary.htm

 

[DeluxAuto]

You copying and pasting links isn't you bring head of IMF. If we don't trust them then who do we trust? An internet porn guy who has zero credentials?

 

[Curmudgeonly]

You copying and pasting links isn't you bring head of IMF. If we don't trust them then who do we trust? An internet porn guy who has zero credentials?

"Bring me the head of the IMF," he demanded.

"We?" . .

. . ."We" who can read the basic definition of a recession and understand the concepts as outlined in the scholarly* articles that you did not read do not need to "trust" anyone to tell us what is plainly evident.

Argumentum ad verecundiam is still defeasable, as I did above. Repeating your argumentum ad verecundiam does not increase its effectiveness.

*I see your argumentum ad verecundiam and raise you some actual verecundiam.

 

[Dribble]

Jesus this guy is stupid. Here is my suggestion...Google "global economic growth graph 2019-2020" and come to the realization that the second quarter ends at the end of THIS month...two days from today. Fuck...people shouldn't be this stupid

 

[DeluxAuto]

"Bring me the head of the IMF," he demanded.

"We?" . .

. . ."We" who can read the basic definition of a recession and understand the concepts as outlined in the scholarly* articles that you did not read do not need to "trust" anyone to tell us what is plainly evident.

Argumentum ad verecundiam is still defeasable, as I did above. Repeating your argumentum ad verecundiam does not increase its effectiveness.

*I see your argumentum ad verecundiam and raise you some actual verecundiam.

It's always funny when a wanna be smart guy pukes all over himself.