IMF boss says global economy risks return of Great Depression
“Speaking at the Peterson Institute of International Economics in Washington, Kristalina Georgieva said new IMF research, which compares the current economy to the ‘roaring 1920s’ that culminated in the great market crash of 1929, revealed that a similar trend was already underway.”
USAGOLD note: Georgieva’s dire warning is the second in less than a week from a major international financial institution. The World Bank warned last week of an oncoming global debt crisis fueled by excessive debt accumulation.
Repost from 1-20-2020