I Cannot Live on Tomorrow’s Bread

On April 19, the International Monetary Fund (IMF) released its annual World Economic Outlook, which forecasted a severe slowdown in global growth along with soaring prices.‘For 2022, inflation is projected at 5.7 percent in advanced economies and 8.7 percent in emerging market and developing economies – 1.8 and 2.8 percentage points higher than projected in … January’, the report noted. IMF Managing Director Kristalina Georgieva offered a sobering reflection on the data: ‘Inflation is reaching the highest levels seen in decades. Sharply higher prices for food and fertilizers put pressure on households worldwide – especially for the poorest. And we know that food crises can unleash social unrest’.

I Cannot Live on Tomorrow’s Bread

Related:

This Isn’t Putin’s Inflation

H/T: The New Dark Age

Ex-UN Expert: Stop Lying, Pentagon’s War Budget Has Nothing to Do With US ‘Defence’

The Biden administration’s new Pentagon budget spells danger to the world’s peace, says retired UN Independent Expert on the Promotion of a Democratic and Equitable International Order Alfred-Maurice de Zayas, explaining how US interventions, subversive ops, and endemic corruption have resulted in Washington’s excessive military spending.

Sputnik News: Ex-UN Expert: Stop Lying, Pentagon’s War Budget Has Nothing to Do With US ‘Defence’