20.05.2015 23:03

I love charts, especially when they give me a quick view on the interesting bits of a data set.

I don't like charts that try to paint a picture of something that isn't there, though. Here's a chart that describes how the IMF thinks the world economy is going to grow over the next couple of years:

Judging from the 25 years on the left of the chart - does the IMF really believe that we are entering an age of prosperity, stable growth and no market turbulences? How, looking at the fluctuations on the left side, could anyone come up with the straight line on the right?

The answer of course is no, the IMF doesn't believe in stable growth, in fact, they believe there are substantial risks, as lined out in the text of the article. It's completely beyond me though how the chart is supposed to illustrate that.