Those projections are a joke. The IMF often makes mistakes about predictions because their fundamentals are all wrong. Argentina’s case is an example, without the US constantly bailing out Argentina, they can’t control inflation, simply because Argentina doesn’t have a dollar superavit in their economy, no matter how much social spending is cut from government budget.
You don’t need to be an economist, economists are a joke their predictions and math rely on gut feeling and their own bias rather than reality theyre not scientists
Those projections are a joke. The IMF often makes mistakes about predictions because their fundamentals are all wrong. Argentina’s case is an example, without the US constantly bailing out Argentina, they can’t control inflation, simply because Argentina doesn’t have a dollar superavit in their economy, no matter how much social spending is cut from government budget.
Yes, I thought that was seriously underestimating the power of destruction leading the West, but I am not an economist, so…
You don’t need to be an economist, economists are a joke their predictions and math rely on gut feeling and their own bias rather than reality theyre not scientists