DAVOS, Switzerland (AP) — The International Monetary Fund’s managing director warned Saturday of the risks posed to global economic recovery from the reduction of the U.S. Federal Reserve’s monetary stimulus and falling prices in the eurozone.
Yeah, that Obama “recovery” is stronger than hell, isn’t it?
Apparently a trillion dollars in deficit spendinig, coupled with another trillion in QE “stimulus” are barely enough to keep the patient breathing.
But don’t worry, be happy. Nothing bad can ever happen, right?