IMF Data, Global Output Contracted in Second Quarter


Posted originally on the conservative tree house on July 27, 2022 | Sundance 

According to theInternational Monetary Fund (IMF)global economic activity, as measured by economic outputs, contracted in the second quarter. However, when it comes to identifying the cause of the issue, the IMF joins western financial leaders and central banks in playing the game of pretending.

The radical new energy program contained within the Build Back Better agenda, is the root cause of the supply side inflation. The drop in the production of oil, gas and coal in the same western nations that are following the BBB agenda is origin of the massive spike in energy prices.

Inflation is a major issue, geographically consistent and virtually identical in all the nations who are following the Build Back Better climate change agenda, which is the justification for the energy ‘transition.” However, not a single leader, central bank or…

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