Tagged Recession

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IMF Chief: Pandemic Will Cause ‘Worst Economic Fallout Since the Great Depression’

The head of the International Monetary Fund has issued a grim forecast about the world economy. As deaths from Coronavirus grow, most countries will also face a deep recession. IMF chief Kristalina Georgieva said that almost all of the organization’s 189 members will see living standards decline this year. She said the economic effect would…

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Democrats Must Resist Recession Narrative and Critique Narrative of Trump’s Economic Success

This week’s stock market antics and the occurrence of an inverted yield curve have provided compelling evidence portending another economic recession. These economic indicators, in addition to spurring stock sell-offs and turbulent market volatility, also sparked a firestorm of debate and commentary regarding how a potential recession would impact Trump’s 2020 re-election bid. The word…

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