IMF Chief Warns Global Economy Faces New “Great Depression”

IMF Chief Warns Global Economy Faces New “Great Depression”

How’s this for some New Years optimism? The new head of the IMF, who took over from Christine Lagarde in November, warned that the global economy could soon find itself mired in a great depression. During a speech at the Peterson Institute, IMF Chairwoman...
Egon von Greyerz: THE WORST GLOBAL DEPRESSION IN HISTORY IS NEXT

Egon von Greyerz: THE WORST GLOBAL DEPRESSION IN HISTORY IS NEXT

The last 100 years have been an illusion with fake money, fake assets & debt. We’re are all in for the biggest financial shock in the history of the world… Since the Great Financial Crisis started in 2006,  global debt has more than doubled from $125 trillion...

The Global Economy Is a Time Bomb Waiting to Explode

  Article appeared on Truthdig (here) In the aftermath of the greatest financial calamity since the Great Depression, then–chief of staff for the Obama administration Rahm Emanuel made the call for aggressive action to prevent a recurrence of the meltdown of...

The Fed Is Finally Seeing the Light on Quantitative Easing

  Article originally appeared on Thetruthdig.com by Ellen Brown (HERE) “Quantitative easing” was supposed to be an emergency measure, but the Federal Reserve is now taking a surprising new approach toward the policy. The Fed “eased” shrinkage in the money supply...