IMF lowers Latam growth forecasts: declining exports and domestic constraints

Wednesday, October 8th 2014 - 03:43 UTC

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The International Monetary Fund cut its global economic growth forecasts for the third time this year, warning of weaker growth in core Euro zone countries, Japan and big emerging markets like Brazil. Read full article

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ChrisR
”More generally, Blanchard added, policymakers [the cretins who 'rule' us] need to “reestablish confidence through clear plans to deal with both the legacies of the crisis and the challenge of low potential growth.”

This man is on drugs when he talks about Latam this way.

Firstly, there was NO confidence other than that seen by the entities saw or thought they saw for themselves. The Liar Mantega lied about growth until Mr Market kicked him in the balls and all the investors into Brazil reduced their exposure.

Uruguay 'rulers' can't find their arses even when the are sitting on their hands, so no help there.

Argies are argies and will always lie, cheat and take the money of investors and not repay it.

Only those who have money they can afford to lose should invest in SA.
Oct 08th, 2014 - 12:25 pm - Link - Report abuse 0
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