Media Suddenly Warns Of Recession "By The End Of 2020" That Will Be "Worse Than The Great Depression"

The International Monetary Fund predicts the Great Lockdown recession will be the worst in almost a century and warns the world economy’s contraction and recovery will be worse than anticipated if the coronavirus lingers or returns......»»

Kyle Bass made his name betting against the U.S. housing market more than a decade ago, and now he is predicting an economic contraction that could be more than three times as severe as that suffered during the Great Financial Crisis......»»

Kyle Bass made his name betting against the U.S. housing market more than a decade ago, and now he is predicting an economic contraction that could be more than three times as severe as that suffered during the Great Financial Crisis......»»

Kyle Bass made his name betting against the U.S. housing market more than a decade ago, and now he is predicting an economic contraction that could be more than three times as severe as that suffered during the Great Financial Crisis......»»

The U.S. unemployment rate exploded to 14.7% in April after more than 20 million jobs were lost to the coronavirus, but that is just the official number. The real jobless rate was at least 20%......»»

It should be no surprise that the outlook for the economy is grim, but a prediction for the entire world is that we are facing the worst recession since the Great Depression. Veuer’s Justin Kircher has the numbers......»»

The IMF predicts this year’s economic slump will be the worst since the Great Depression. Bloomberg Opinion columnists weigh in......»»

IMF: “The Great Lockdown is the worst economic downturn since the Great Depression, and far worse than the Global Financial Crisis [of 2008].”.....»»

Anadolu.....»»

The International Monetary Fund predicted the “Great Lockdown” recession would be the steepest in almost a century and warned the world economy’s contraction and recovery could be worse than anticipated......»»

In the April revision to its World Economic Outlook, the International Monetary Fund forecasts that global GDP will drop by 3.0% in 2020......»»

The pandemic sweeping the world will turn global economic growth "sharply negative" in 2020, triggering the worst fallout since the 1930s Great Depression, with only a partial recovery seen in 2021, the head of the International Monetary Fund said......»»

If Bullard’s gloomy jobs projection proves to be true, unemployment would be worse than it was during the Great Depression and three times worse than the 2007-2009 recession......»»

The Crash Of 2020 Is Now Worse Than The Great Depression Back in December, someone in China made bat soup (at least according to the officially accepted narra.....»»

Authored by Mac Slavo via SHTFplan.com, For many, the economic recovery being touted by the mainstream media.....»»

AOLExpert warns next economic downturn will 'be worse than the Great Depression'AOLDespite the strong state of the U.S. economy, some experts are issuing warnings about an .....»»

March was a portal: It's when wages went into a pandemic-related decline in 2020 and emerged in 2021. That took twice as long in the Great Recession. A restaurant worker wears a prot.....»»

The plain-speaking mayor of one of the richest cities in the country believed it was on the brink of bankruptcy and tried to rein in excessive city expenses like pensions, with mixed success......»»

2020 was a year of records — record voter turnout, more named storms in the Atlantic than ever before and the highest unemployment rates since the Great Depression. Here's our interactive timeline of some of the most notable events......»»

Cisco Systems Inc. described the current economic conditions caused by the global pandemic as worse than the dot-com crash of 2000 and the Great Recession of 2008, but so far is it faring better than expected.....»»