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Global economic growth is likely to be dampened by the turbulence which has swept world markets, the International Monetary Fund (IMF) has said.
The IMF said it would be revising down its growth projections - with this year being more affected than 2008.
The US would see the largest impact, with some parts of Europe also set to endure lower growth, it added.
Originally posted by djohnsto77
But then again the old saying is that economists have predicted 16 of the last 8 recessions.