IMF says US economy is set to 'stagnate'

The US economy is likely to "stagnate" in the second half of this year, the International Monetary Fund warned on Friday, as stock markets in the US and Europe fell to their lowest levels since March and US bank shares hit a five-year low.

http://tinyurl.com/5azr6a



IMF Finally Knocks on Uncle Sam's Door

By David Hirst

The fact that the IMF is knocking on the very doors of its parents and waving legal papers about who lost the house, the car and the kids will, if the past is anything to go by, be buried in the US by pom-pom waving on CNBC telling all what a great time it is to buy.

http://www.informationclearinghouse.info/article20206.htm


From Information Clearing House



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