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Pandemic unlikely to have 'scarring' effects on Japan's economy: IMF

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debt sustainability risks will rise as demographic trends weigh on the medium and long term,

How long have they been saying that? Yep, just keep moving the goal posts farther down the field. O you could just admit you're wrong, which is what reasonable people do when their predictions are consistently wrong "over the long term."

Japan's "debt sustainability" is structural. How obvious is that?!? The IMF's scary recommendations to raise consumption and other taxes to deal with a mythical problem pose Japan's biggest risk.

1 ( +3 / -2 )

To raise revenues, the IMF laid out options to explore including raising the current 10 percent consumption tax rate,

If you want to know about the agenda the IMF promotes through its fiscal policies, read "Diary of an Economic Hitman".

Their promotion of economic liberalism and free trade have had deleterious effects on many countries.

2 ( +3 / -1 )

One correction:It is actually two books "Confessions of an Economic Hitman" and a follow up book; by John Perkins.

3 ( +3 / -0 )

The IMF is full of hot air

0 ( +3 / -3 )

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