Global Economy – Stall Speed to Nose Dive? (#24)

The deterioration in global conditions that we anticipated in our previous Reports is now manifesting itself everywhere in the global economy. The propaganda and pretense that the global economy has been healing for the past 5 years, is finally being discarded for a fairer assessment that the global economy is, and has been, seriously ailing. That current assessment is driven by a spate of negative economic data which continues to mount, coming out of a majority of major economies, and makes it impossible for governments, Central Banks, banks and other multilateral institutions such as the World Bank and the IMF, to maintain their previous dogged optimistic spin. Now, the global consensus of

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