Global: IMF forecast mistakes not trivial

The International Monetary Fund's forecast mistakes on the global economy would be forgiven if they came from a teacher, a lawyer or a surgeon. But, says this article on there should be no pardon for well-paid 'experts', whose job is to supervise the world economy and alert when things are going wrong. 'What makes things worse is that those experts are not inclined to admit their mistakes and apologize - not to speak of offering their resignation - as if their blunders were inconsequential, and just a minor oversight in a cooking recipe.'