IMF Wants To Impose A Wealth Tax To Pay Down The World Debt

 Initial jobless claims surge and the new trend is up. Pending home sales miss expectation as the housing market continues to fall apart. Home ownership remains near multi-decade lows. Caterpillar sales are worse than expected signalling a complete collapse of the economy. Baltic Dry Index falls again. IMF pushes wealth confiscation once again to pay down their debt. BRICS get greater voting rights but still not enough to veto.

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