IMF: World Economic Crisis To Last 10 Years

Dr. Michael LaitmanOpinion (Olivier Blanchard, IMF chief economist): “Olivier Blanchard, chief economist at the International Monetary Fund, said it will take at least ten years to recover from the meltdown caused by the banking crash of 2008.”

My Comment: But the crisis is not over yet, and who knows how it continues, what its nature and course are. The crisis will end only when we understand its cause and find the means of correcting it and address the root cause of the crisis.

For this we need to think not how to mitigate the state, but how to find the cause of the disease according to its symptoms and a remedy and to cure the disease itself, its cause. Is there anybody in the EU, or in the world, who studies this? If not, then it is not logical to talk about exiting the crisis.

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