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U.N. agency warns of recession linked
to 'imprudent' monetary policy

Original Article

Posted By: voxpopuli, 10/3/2022 7:17:29 PM

A United Nations agency warned on Monday of the risk of a monetary policy-induced global recession that would have especially serious consequences for developing countries and called for a new strategy. (snip) The report said that higher interest rates, including hikes by the U.S. Federal Reserve, would have a more severe impact on emerging economies

Comments:

oh.. i guess we can finally see who is behind the curtain.. the Soros/UN communists

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Reply 1 - Posted by: Californian 10/3/2022 7:30:51 PM (No. 1294594)
So we should sacrifice western economies so a bunch of corrupt basket case third world pits can have more money for their dictators to steal. Got it. I'll get right on that.
2 people like this.

Reply 2 - Posted by: bpl40 10/3/2022 7:56:12 PM (No. 1294609)
Imprudent they call it. I have stronger words.
2 people like this.

Reply 3 - Posted by: JHHolliday 10/3/2022 8:12:29 PM (No. 1294622)
“end up in a recession”? We are in one now. Not for the U.N. grifters of course. They are still enjoying their posh lifestyles and will continue to do so.
2 people like this.

Reply 4 - Posted by: downnout 10/3/2022 8:21:09 PM (No. 1294629)
Well, when you have lost the grifters at the UN, you know you’re in deep trouble.
1 person likes this.

Reply 5 - Posted by: JubilationTCornpone 10/4/2022 12:16:04 AM (No. 1294785)
How many decades or longer have these third-world economies been emerging? Their economies are never going to emerge because of corruption, not anything due to first-world money policy. We’ve been shoveling money into those bottomless pits forever with no good results.
0 people like this.

Reply 6 - Posted by: MDConservative 10/4/2022 2:00:40 PM (No. 1295279)
Guess those guys have money in the stock market, too. How 'bout another TRILLION or two for old times sake? If we keep this up, we can all be millionaires!!
0 people like this.

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Posted by voxpopuli 10/3/2022 7:17:29 PM Post Reply
A United Nations agency warned on Monday of the risk of a monetary policy-induced global recession that would have especially serious consequences for developing countries and called for a new strategy. (snip) The report said that higher interest rates, including hikes by the U.S. Federal Reserve, would have a more severe impact on emerging economies
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