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IPFS News Link • Economy - Economics USA

IMF predicts US recession

• AFP
The International Monetary Fund will forecast the US economy will go into recession this year. The IMF believes the US will experience at least 2 successive quarters of negative growth -- the technical definition of a recession -- and will grow only

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Comment by Haleigh A
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As the forecast were saying, the rates of unemployed people are getting higher. Research has shown that people return to what is considered “truly important” during recessions. According to eHarmony.com, when people need debt relief, and are worried about money, they turn to love. The website reports that membership sales are up 20%, despite monthly fees of $ 60. Co -founder of the dating service Nerds At Heart, Bathsheba Birman, said, “They’re looking for something that’s genuine in a world that isn’t very secure. With headlines full of why you can’t trust established institutions that you thought you could…people are re-examining their own values.”



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