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Author: commonone 🐝 HONORARY
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Number: of 48482 
Subject: Real World Economics Stuff
Date: 04/16/2024 12:36 PM
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While discussing how Dr. Anthony Fauci spent 40 years saving lives as a public servant when he could have become a gazillionaire in the private sector but, still, is somehow corrupt is endlessly fascinating, here's some real-world economic news from today's Financial Times: according to the International Monetary Fund, the United States is forecast to grow at double the rate of it's G7 peers this year.

The IMF said the next best performer in the G7 this year would be Canada, with growth of 1.2 per cent.

It added that Germany’s expansion would be the weakest among the G7 at 0.2 per cent. Japan is forecast to experience growth of 0.9 per cent, while the UK is set to expand by just 0.5 per cent after flatlining in 2023.


Of concern: conflict in the Middle East and the war in Ukraine may spark fresh increases in commodity prices and the IMF pegged U.S. inflation at 2.9%, slightly above its forecast of 2.4% for the eurozone and 2.5% in the U.K.

Gee, double the growth of the next strongest G7 country sounds pretty good.

Of course, if #SleepyDon was president it would be 10X.

Speaking of #SleepyDon, word is he's falling asleep again today in the courtroom.


https://www.ft.com/content/3b819571-662d-4185-9ca5...
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