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  • RJMoran: 
  • Comments (46)
  I'm highly skeptical of the 'intense V' shape! Even if you just take the 2000 recession with it's flattened out recovery, add in credit contraction and massive debt overhang and you wouldn't get anything nearly so rapid an upward move. I just don't see their 'projection' out to even 2011 being even close... I can draw pretty lines too! Nice try though IMF!

  Jul 30 08:20 PM | Link | Reply
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  • Poor Texan: 
  • Comments (323)
  "The lack of investment and the global distortions that have accompanied the current recession could leave potential growth lower than we might anticipate from past trends."
  
  This scenario seems the most realistic. Our current government policies are doing nothing to encourage investment. (In some ways, the policies are discouraging investment by disregarding debtor's rights). Low investment means low employment growth. Low employment growth means lower economic growth. And just hoping won't solve the problem.

  Jul 30 11:40 PM | Link | Reply
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  • You're Kidding: 
  • Comments (87)
  I would like to see other charts the IMF has put out in the past and compare them with what really happened. That would have been nice to see here. In the meantime we know in general that "predictions" are usually wildly optimistic and biased toward the predictor's agenda. And this one looks ridiculously so.
  
  With things like this, who is there to trust anymore who are themselves objective?

  Jul 31 12:03 AM | Link | Reply
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  • been there: 
  • Comments (28)
  don"t know much but does anybody know the drop percentwise of the s&p 500 revenue year ago for 2nd qtr. would not this give an indication of the drop in gdp

  Jul 31 12:29 AM | Link | Reply