My Comments: There are two messages here. The first is a global recession is most likely about to happen. The second is the published report has 49 pages with dozens of charts. If looking at charts makes you happy, you will be thrilled.
Will Martin Nov. 14, 2015
The Organization for Economic Cooperation and Development released its twice yearly Economic Outlook on Monday, and it makes for pretty gloomy reading. Angel Gurria, the OECD’s secretary general spoke in Paris on Monday morning, and he reflected the OECD’s generally pessimistic tone.
“The slowdown in global trade and the continuing weakness in investment are deeply concerning. Robust trade and investment and stronger global growth should go hand in hand,” said Gurria.
Alongside the Economic Outlook, the OECD releases a huge amount of information, including a boat load of charts and graphs, some of which show just why the organization thinks that the current economic situation is so worrying.