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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (28355)9/20/1998 9:41:00 PM
From: Skeet Shipman  Read Replies (1) of 94695
 
Hi Ground Zero,
A depression versus a recession is more than a matter of semantics. I define a
depression as a period having double digit unemployment rate. Here is a link to the
World Bank: the IMF.
worldbank.org
Even though I do not agree with austerity requirements for IMF loans; I do agree with most of the reforms and work, the World Bank promotes and requires. In this crisis period it is imperative that they have adequate funding.
Background: worldbank.org
Support of Reforms: worldbank.org
Skeet

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