2009 Outlook is Grim - World Bank

Dec 9 - The world economy is expected to have a tough year in 2009 with the major World economies in recession, according to the World Bank.

The World Bank's 2009 Global Economic Prospects report is projecting world growth will shrink to 0.9 percent next year from 2.5 percent in 2008. The report said that a long and deep global recession cannot be ruled out.

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Category:

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Tags:

• US
• economic
• meltdown
• stock
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[magichandpuppet]

Looks like the NWO is confident their planned depression will work out.

[krirp]

money... we put value in to it... thats a big clue... good luck

[vme02]

When in history has government spending ever had a positive impact on the economy. Does no one ask where exactly the government is going to get the money, when they are so far in debt. The only place they can get money is by borrowing it from the banks (be they central or not). This only means more dept and inflation, i'm sure that will help the economy later.

[KhmerD0g]

i agreed. reuters didn't even report much on the israel and palestinian conflict two weeks ago.

reuters dotcom is crap

[fancychance57]

reuters is owned by the banks/nwo