IMF Now Admitting Economy Not Going To Improve In 2016, Prepare For The Collapse

New home sales, existing home sale and now pending home sales are all in decline. US and the world banks are exposed to trillions in derivatives. Portugal decided to use bail-ins to save the bankers. The US has now given up the voting rights to the IMF and the emerging countries will have the power to veto decisions. IMF is now predicting that the growth in 2016 is going to be much worse than expected.

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