The G-20’s failure on growth

There are, in my humble opinion, two overwhelming threats to humanity, either one of which will undermine global civilization if not dealt with adequately and quickly. The recent G-20 conference dealt with one—climate change—but not only ignored the other, it pushed us further down that path to Armageddon. Article 19

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The Progressive Economics Forum: IMF Hints at Need for Less Fiscal Austerity and a Plan B for Canada

Albeit in a highly nuanced way, the IMF has called on the G-20  to temper short-term fiscal austerity now that the global economy “has entered a dangerous phase.” In their submission to the October 14-15 meetings of G-20 finance ministers, the IMF call for medium-term fiscal consolidation plans to “create more policy space for near-term […]

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