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Anti-Empire

offsite link Anti-Empire — Shadow Banned by Google Tue Mar 02, 2021 19:12 | Anti-Empire

offsite link London Police Says COVID Rules No Longer... Tue Mar 02, 2021 16:16 | Robert Mendick

offsite link Lockdowns Have Killed Millions Tue Mar 02, 2021 15:24 | Sebastian Rushworth MD

offsite link Disarming the Deplorables Tue Mar 02, 2021 12:15 | Kevin Yuill

offsite link Western Governments Work to Strangle Fun... Tue Mar 02, 2021 11:30 | Terje Maloy

Anti-Empire >>

The Saker
A bird's eye view of the vineyard

offsite link Leaked: Smith College memo demands workers admit White privilege Wed Mar 03, 2021 01:04 | amarynth
by Ramin Mazaheri for the Saker Blog As a daily reporter, columnist and author it seems I have developed a reputation for unparalleled bravery in exposing truths which the 1%

offsite link Moveable Feast Cafe 2021/03/02 ? Open Thread Tue Mar 02, 2021 15:30 | Herb Swanson
2021/03/02 15:30:01Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of

offsite link Bernays and Propaganda ? The Transition to Education and Commerce ? Part 4 Tue Mar 02, 2021 10:16 | amarynth
By Larry Romanoff for the Saker Blog The success of Lippman and Bernays did not go unnoticed in many segments of American society. Universities in particular realised the potential of

offsite link Book review: ?Disintegration? by Andrei Martyanov Tue Mar 02, 2021 02:32 | The Saker
[this book review was written for the Unz Review] This is the third book by Andrei Martyanov that I am reviewing, the first one was ?Book Review – Losing Military

offsite link The ?Cancel Culture? phenomenon: kind of hate-hush all over the world Mon Mar 01, 2021 17:45 | amarynth
by Ghassan and Intibah Kadi for the Saker Blog Who remembers the Herman?s Hermits and their 1967 song ?There?s a Kind of Hush?? The hush the song speaks of is

The Saker >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Mainstream media: Failing to speak truth to power

offsite link David Quinn’s selective tolerance Anthony

offsite link A Woulfe in judges clothing Anthony

offsite link Sarah McInerney and political impartiality Anthony

offsite link Did RTE journalists collude against Sinn Fein? Anthony

Public Inquiry >>

Spirit of Contradiction

offsite link The Party and the Ballot Box Sun Jul 14, 2019 22:24 | Gavin Mendel-Gleason

offsite link On The Decline and Fall of The American Empire and Socialism Sat Jan 26, 2019 01:52 | S. Duncan

offsite link What is Dogmatism and Why Does It Matter? Wed Mar 21, 2018 08:10 | Sylvia Smith

offsite link The Case of Comrade Dallas Mon Mar 19, 2018 19:44 | Sylvia Smith

offsite link Review: Do Religions Evolve? Mon Aug 14, 2017 19:54 | Dara McHugh

Spirit of Contradiction >>

IMF Calls "Great Lockdown" Worst Economic Crisis Since the Great Depression

category international | economics and finance | news report author Tuesday April 14, 2020 21:54author by Kate Zeller - Jubilee USA NetworkReport this post to the editors

The IMF says we face the worst economic crisis since the Great Depression because of the coronavirus.

The IMF says we face the worst economic crisis since the Great Depression because of the coronavirus. As world leaders gather virtually for the Spring International Monetary Fund and World Bank Meetings, the Fund released its April World Economic Outlook Report, dubbing the crisis, the "Great Lockdown" and reporting that the global economy will lose at least $9 trillion in 2020 and 2021.

"This is the most frightening news the Fund has ever released on the status of our global economy," noted Jubilee USA Executive Director Eric LeCompte, who tracked IMF meetings and reports since the 2008 financial crisis. LeCompte's organization detailed a financial crisis plan to the IMF on March 23rd. "When you analyze what the IMF is actually saying, the message is things could even get worse and they really don't know how bad it can actually get."

The IMF report forecasts that if "lockdowns" and the spread of the virus becomes more limited in the Fall, we could see economic growth for some countries in 2021. However, those growth projections would already be below previous IMF 2021 growth projections.

The IMF report forecasts the economy will contract 3% in 2020 before coronavirus containment policies can be gradually loosened, with economic growth of 5.8% predicted as the economy stabilizes.

Over the next three days, the G7, G20, IMF and World Bank will meet to determine solutions to deal with the growing crisis.

"Urgent action is required by the IMF and G20 this week," stated LeCompte, a United Nations finance expert. "During the meetings this week world leaders must move forward aid, financing and debt relief for developed and developing countries so people can survive the devastating health and economic impacts of the coronavirus crisis."

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