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When The Hockeystick Breaks: The IMF Gives Up On China Growth

When The Hockeystick Breaks: The IMF Gives Up On China Growth

Earlier we showed that despite its 16th cut to world GDP growth forecasts (out of the past 21), the IMF still believes that the hockeystick rebound to global growth is just around the corner:

 

However, one place where not even the IMF can in good conscience predict a hockeystick-like rebound in growth, is China, where the IMF now expects GDP to grow only 6.3% in 2016, dropping to an even lower 6.0% in 2017.

This is what the IMF warned about the risks to its overall outlook, which not surprisingly are focused on China:

The One Percent Rallies Behind IMF Director Christine Lagarde — Paul Craig Roberts

The One Percent Rallies Behind IMF Director Christine LaGarde

Paul Craig Roberts

Washington removed Dominique Strauss-Kahn as the leading contender for the French presidency and as director of the IMF by framing him on phony charges of raping a New York hotel maid. The obviously false charge was proven to be totally fabricated and had to be dropped. In the meantime Strass-Kahn had been forced to resign from the IMF and to drop out of the French election. Washington regarded Strauss-Kahn as insufficiently compliant with Washington’s agendas and moved him aside.

The Global Economic Reset Has Begun

Submitted by Brandon Smith via Alt-Market.com,

In my last article, I outlined the deliberately engineered trend toward the forced “harmonization” of national economies and monetary policies, as well as the ultimate end goal of globalists: a single world currency system controlled by the International Monetary Fund and, by extension, global governance, which internationalists sometimes refer to in their more honest public moments as the “new world order.”

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