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🤣 Quote of the day, from The Islander Chat channel (afaict publicly visible):

"...to the #IMF, recessions aren’t real until #WallStreet’s yacht orders are delayed."😂

"As #Trump gears up to declare “Liberation Day” with a fresh wave of... tariffs targeting the usual suspects, China, the EU, Canada, the IMF’s Kristalina Georgieva is out front with her best impression of a Wall Street therapist: Relax, darlings. There may be “uncertainty,” but no recession in sight..." https://t.me/TheIslanderChat/192008
Investor confidence is tanking. Markets are down 10% since February. Tariffs are piling up like a junkyard of broken trade deals.

Goldman Sachs has already hit the panic button, raising the odds of a U.S. recession to 35%. But the IMF? They're too busy reading spreadsheets in Davos dialect to see the storm forming on Main Street.

Of course they're brushing it off. Because to the IMF, recessions aren't real until Wall Street's yacht orders are delayed.