IMF chief warns world economy risks 'downward spiral'
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International Monetary Fund chief Christine Lagarde warns the world risks plunging into a "downward spiral" of financial instability and urges Asian economies to be on their guard. Duration: 00:52
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@Mrbullydog66 Well said sir. Your observations, knowledge and wisdom seem quite apparent. However, IGNORE is easyer said than done.
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@Mrbullydog66 Yet another huge mistake was to cancel the Greek referendum. Let the people decide if they want to stay and take the pain or leave so they can deflate their own currency and finally recover. Now more debt to try to bail them out without fixing a thing! Italy is gone and with it soon the EuroZone. Then China, as the main trading partner will cut back. There goes Australia. There is no fixing this now. It's too far gone. Crisis will come by February. Depression by May 12.
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How do you get a one world order? Bankrupt, crash, and inplode every economy on the planet and then buy them all out threw the IMF and World Banks. The very ones who helped start all this mess in the first place mind you. Bankers broke you and soon they will rule you. And let us not forget that most of the major banks in the world are headed and ran by JEWS.
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here is a solution to europe: kick out the bankers!
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