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The International Monetary Fund warned countries on Monday not to scale back stimulus measures used to fight the global recession, saying that could jeopardize a return to weak growth next year. Full Article at CNBC
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MEXICO CITY: The International Monetary Fund warned countries on Monday not to scale back stimulus measures used to fight the global recession, saying that could jeopardize a return to weak growth next year. Full Article at Times of India
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The Fed has expanded the monetary base 114% over the past 12 months. Interest rates have been cut dramatically in all major countries. Interest rates are below 1% in the US, Japan and UK. Full Article at International Business Times
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The call was made by president of the Society of Chartered Surveyors (SCS) Ken Cribbin at the organisation's annual conference in Dublin today. Full Article at Irish Times
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Many forms of stimulus spending are boosting Canada’s economy, but can't be found where the Fraser Institute is looking for it e are seeing encouraging signs that the Canadian economy is experiencing a turnaround and emerging from the recession. Full Article at National Post
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They have a responsibility to the whole system ... And it starts with not fighting the financial regulatory system and the reforms that are necessary to protect consumers, homeowners and others.
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I think the American people have a right to be frustrated and angry
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You've got this huge national deficit and we've got to do what we can to bring that down. At the same time, it's important to stimulate the economy ... Let's wait and see. Let's let the recovery bill do its job.
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Our forecasts of a return to even relatively sluggish output growth next year in the global economy are predicated on the implementation of the large scale stimulus measures that have already be promised for next year
– John Lipsky SOURCE: Times of India
