“<span style=”background-color: #eeeeee; color: #444444;”>Why the downgrade, when our trading partners have upgrades? Why did the IMF not upgrade our expectations as well, given the additional trade you would expect in this situation? Where is our lift? What do the IMF think we have wrong, so as not to also be upgraded?”</span>
In analogy terms, we’ve just run a 100m race against all our major competitors. They’ve all just taken 0.2-0.4s off their previous PB’s, which might well be because of a strong tailwind, but nonetheless they did.
We managed 0.1s slower than our PB
But we’re happy with our performance because it was pretty close to our previous, and only 0.1 slower?
(yes, i know we haven’t run the race yet and it’s all predictions, etc., but you get the point. If that was a real scenario I’d be wondering if we’d bothered doing any preparation for the race or just spent the time twatting about)