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World Bank - Recession has worsened...

Started by nyc10022
about 17 years ago
Posts: 9868
Member since: Aug 2008
Discussion about
Much of the reason the market is tanking today... http://money.cnn.com/2009/06/22/markets/markets_newyork/index.htm?section=money_markets Worries about the economic slowdown dragged on stocks Monday morning, after the World Bank said the global recession has worsened. The World Bank cut its 2009 forecast, predicting that global growth will shrink by 2.9% versus its earlier forecast for a 1.7% contraction. Global trade is expected to plummet 9.7% this year, it said. Developing countries have been especially hard, with the exception of booming China and India.
Response by sledgehammer
about 17 years ago
Posts: 899
Member since: Mar 2009

Buy RE now or be priced out forever!

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Response by nyc10022
about 17 years ago
Posts: 9868
Member since: Aug 2008

so, those foreigners still going to be saving us?

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