““We are going to experience difficult times,” said Desire Bouterse after being reelected president for a second term. President Bouterse predicted a heavy recession and based his prediction of the current state of the global economy. The president even indicated that the recession could have the same magnitude as the one from 1929 which is generally referred to as the Great Depression of 1929 and the Wall Street Crash of 1929. “The shocks of the recession could be cushioned if the preliminary work is done properly,” said the president at a press conference. He referred to the recession of 2008 and to the fact that Suriname experienced the aftershocks but nevertheless managed to achieve an economic growth of 4.5%…[+]