A flurry of forecasts of economic doom arrived yesterday, though there’s good reason to think they were over-optimistic in their doom-mongering. The IMF have predicted a 3 per cent slump for the year globally, presuming the world can get out of lockdown by summer without a second spike. In the UK, the Office for Budget […]
IMF
“When the wellbeing of your country is at the whim of rich governments and financiers, you often don’t have a back-up plan. You try and get on with things the best you can. By cancelling this year’s debt in order to give these countries a fighting chance, it will be a step forward in taking on the unsustainable debt crisis worldwide.”