World growth ‘worst for 60 years’

World economic growth is set to fall, warns IMF 

Advertisements
This entry was posted in Dr. Mulli's Business Blog. Bookmark the permalink.

One Response to World growth ‘worst for 60 years’

  1. Dr. Mulli says:

    In the external business environment, job losses will inevitably lead to a further drop in consumer demand for goods and services. The true danger however, lies in the continuing downward spiral of lower prices chasing dwindling consumers, who in turn chse are chasing ever shrinking job market.

    Economists generally fear deflationary cycles because momentum builds up and becomes difficult to stop or even slow down as other mitigating factors such as waning consumer confidence exacerbated by media reports propel the business environment even further downwards.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s