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April 10, 2008

IMF: Global growth threatened by biggest shock "since the Great Depression".

WASHINGTON (AP) - The United States is headed for a recession, dragging world economic growth down along with it, the International Monetary Fund concluded in a sobering new forecast Wednesday that underscored the damage inflicted from the housing and credit debacles. [more]

The Fund is always a living tribute to the human spirit.

Posted by Holden Oliver (Kitzb├╝hel Desk) at April 10, 2008 12:44 AM


Fun Stuff.

Posted by: China Law Blog at April 9, 2008 11:18 PM

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