The IMF predicts 2014 will be economically week. "The International Monetary Fund cut its global outlook for this year and next as capital outflows further weaken emerging markets and warned that a U.S. government default could “seriously damage” the world economy." This pretty much means the Federal reserve will resume money printing(quantitative easing) with out backing well into 2014 and possibly 2015 raising the prospect of future inflation.
Posted on: Tue, 08 Oct 2013 14:45:32 +0000
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