Replies to post #5222 on The Rising Influence of Rising Affluence

[DewDiligence]

The latest IMF contributions are not coming from the usual sources:

#msg-76754246

[DewDiligence]

IMF cuts US forecasts slightly for 2012/2013 GDP growth:

http://www.nytimes.com/2012/07/04/business/economy/imf-reduces-forecast-for-us-growth.html

The fund cut its estimates of American growth to 2 percent in 2012 and 2.25 percent in 2013 in the report. In April, it estimated growth of 2.1 percent in 2012 and 2.4 percent in 2013.