Morgan Stanley’s Doom Scenario...

[tsptalk]

Morgan Stanley’s Doom Scenario

"The global economy is likely to be stuck in the “twilight zone” of sluggish growth in 2013, Morgan Stanley has warned, but if policymakers fail to act, it could get a lot worse.

"The bank’s economics team forecasts a full-blown recession next year, under a pessimistic scenario, with global gross domestic product (GDP) likely to plunge 2 percent."

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[James48843]

Morgan Stanley's prediction? From a negative 2%, to a positive 4% growth next year.

"The bank’s most optimistic scenario forecasts GDP growth of 4 percent in 2012 compared to around 3.1 percent this year."

I guess you can guess anywhere you want, can't you?