• 1 day El Salvador’s Surprise Bitcoin Move
  • 4 days Markets Unfazed As Inflation Hits 13-Year High
  • 5 days How the Token Economy is Disrupting Financial Markets
  • 7 days FBI Investigating 100 Types Of Ransomware Attacks
  • 9 days Fed Ends Corporate Credit Emergency Lending Program
  • 11 days AMC Becomes the Latest Winning Meme Stock After GameStop
  • 13 days The Real Reason Your 401k Has Been Lagging
  • 13 days China Lifts Cap On Births, Allows Three Children Per Couple
  • 15 days The Market Is Ripe For Another GameStop Saga
  • 18 days Senate Grills Big Banks Over Pandemic Opportunism
  • 20 days Cannabis Has A Major Cash Problem
  • 20 days Ransomware Netted Criminals $350M In 2020 Alone
  • 21 days Russia Is Taking On Google
  • 22 days Chinese Regulators Deal Another Big Blow To Bitcoin
  • 23 days Ohio Residents Brave Vaccine for Chance To Win $1M
  • 25 days Inflation Is Coming. Are You Prepared?
  • 26 days Travel Might Get Another Supersonic Disruption
  • 27 days The World Is Running Out Of 6 Key Resources
  • 28 days $15/Hour Minimum Wage Might Happen Naturally
  • 30 days Money-Laundering Binance Probe Report Adds To Bitcoin Woes
The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

  1. Home
  2. Markets
  3. Other

IMF Growth Forecast vs. Reality

Supercharged Optimism

Charts of IMF global growth estimates vs.what has actually happened are either humorous or downright pathetic depending on your sense of humor. One thing sure stands out: Perpetual optimism reins supreme.

A few charts from the Wall Street Journal report Five Trends That Will Shape the Future of the U.S. Economy shows what I mean.


IMF Growth Estimates 2010-2010

IMF Growth Forecast vs. Reality


Gap Between Predicted Growth and Reality

Growth Patterns

Only Saudi Arabia and Turkey have posted growth rates that exceeded their October 2010 projections.


Real GDP Pre-Crisis vs. Post-Crisis

Growth Patterns

Why anyone pays attention to IMF growth forecasts is a mystery.

 

Back to homepage

Leave a comment

Leave a comment