US tariffs will weaken global economy and trigger inflation but not a global recession, IMF says
c/world · u/RandAlThor@lemmy.ca · 100 points
Comments
u/Reverendender@sh.itjust.works · 4 points
u/HubertManne@piefed.social · 11 points
yeah I seem to recall in the past they insist its not going to happen until well past the point where it happened.
u/WanderingThoughts@europe.pub · 5 points
u/Thedogdrinkscoffee@lemmy.ca · 6 points
Canned goods and ammunition are still part of GDP. Maybe they are just saying the economy will shift from a consumer economy to a prepper economy.
u/Reverendender@sh.itjust.works · 40 points
Right, because what else are they going to say?:
RECESSION INCOMING!!!!
???
u/Carmakazi@lemmy.world · 31 points
Announcements like this are the equivalent of police saying "everybody remain calm!"
They _are_ the institution. It's not like they're ever going to say "Yeah, shit's fucked, guys. Pull all your money out and invest in canned goods and ammunition."
u/ininewcrow@lemmy.ca · 17 points
u/RowRowRowYourBot@sh.itjust.works · 14 points
No _global_ recession does not mean ypur nation will not experience one.
u/TransplantedSconie@lemm.ee · 13 points
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u/andallthat@lemmy.world · 3 points
It didn't impact that small island inhabited only by penguins, so it's not technically a "global" recession, ok?
u/Erasmus@lemmy.world · 2 points
Trump: IMF are losers, MORRRRRRR Tariffs!!!