Jesuit 201 Recession Prophecy: ‘The Worst is Yet to Come’

The International Monetary Fund (IMF) has once again downgraded its forecast for the “global economy.” The IMF’s chief economist, Pierre-Olivier Gourinchas, had the following to say: “The worst is yet to come, and for many people 2023 will feel like a recession. More than a third of the global economy will contract this year or next, while the three largest economies — the United States, the European Union, and China — will continue to […]

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