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He has since put his forecast back to the end of 2010.
The IMF said China would continue to grow at the slower rates it forecast back in April, of about 6.6% this year.
See articleIn this section Politics this week Business this week KAL's cartoon ReprintsSouth Africa slashed its GDP growth estimate for 2014 to 1.4%, from the 2.7% that was forecast back in February.
(A more rigorous analysis would use a projection for fumble rate rather than a historical average, by weighting recent seasons more heavily and then regressing the forecast back to the league average.
The sharp downgrade in the IMF's outlook to a 3% contraction in 2015 from modest growth of 0.5% forecast back in October, follows official figures showing the Russian economy contracted for the first time in five years in November.
"If I had forecast back in February a situation where these banks could raise substantial amounts of private capital during 2009 you would have judged me as having smoked something Professor Nutt thinks it is safe for me to smoke," he said.
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Some forecasts back him up.
FocusEconomics began their forecasts with Latin America and provide historical forecasts back to January 2002.
For this year, the WTO is forecasting a 9% drop a lot bigger than the 2% drop the World Bank was forecasting back in December.
Her expertise in ocean modelling in general, and in El Niño in particular, greatly contributed to ECMWF's first steps in seasonal forecasting back in 1995.
I first encountered Mr Larouche's economic forecasts back during the Reagan-Mondale campaign, when he ran an extraordinary long-format television commercial warning that America was about to run out of meat.
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