Risk of Global Financial Crash Has Increased, IMF Warns
The IMF says a slowdown of the Chinese economy and a decline in world trade are undermining the stability of highly indebted emerging economies, thus threatening a global financial crash.
The Guardian reports:
The Washington-based lender of last resort said the scale of debts racked up by such economies, much of it vulnerable to higher interest rates in the US, meant policymakers needed to act quickly to shore up the financial system.
José Viñals, the IMF’s financial counsellor, said the threat of instability and recession hanging over emerging economies was one of a “triad of risks” that could knock 3% off global GDP. The second, he said, was the legacy of debt and disharmony in Europe, while and the third is centred on battered global markets that are more likely to transmit shocks rather than cushion the blow.
At the very least, central banks would need to remain vigilant and be prepared to increase their stimulus programmes should difficulties in emerging market countries spill over into the financial system.
Addressing the prospect of an interest rate rise in the US, Viñals said there was little reason to tighten monetary policy before Christmas while inflationary pressures and wage rises remained low. “The risks of a premature tightening are greater than those of waiting two or three more months,” he said.
Read more here.
—Posted by Alexander Reed Kelly.
Related Entries
- October 7, 2015 Parenting on the Brink: Wrestling With Fears Too Big to Name
- October 7, 2015 U.K. Accused of Rigging Market Against Renewables
Source: http://www.truthdig.com/eartotheground/item/risk_of_global_financial_crash_has_increased_imf_warns_20151008/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Lion’s Mane Mushroom
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, But it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes:
Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity.
Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins.
Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system.
Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome.
Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function.
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules. Today Be 100% Satisfied Or Receive A Full Money Back Guarantee Order Yours Today By Following This Link.
| Online: | |
| Visits: | 1,608,451,224 |
| Stories: | 8,164,695 |
Whistler Blowers, Insiders
