Bankers Warn Global Crash Imminent

by
June 27, 2017

beijing-skyscraperA new financial crisis is brewing in the emerging economies and it could hit “with a vengeance”, an influential group of central bankers has warned.

Emerging markets such as China are showing the same signs that their economies are overheating as the US and the UK demonstrated before the financial crisis of 2007-08, according to the annual report of the Bank for International Settlements (BIS).

Claudio Borio, the head of the BIS monetary and economic department, said a new recession could come “with a vengeance” and “the end may come to resemble more closely a financial boom gone wrong”.

The BIS, which is sometimes known as the central bank for central banks and counts Bank of England Governor Mark Carney among its members, warned of trouble ahead for the world economy.

  • Tiger

    So since Trump is kicking down the door that hides the One World Order and the Financial Kings who have decided how our world would function they have decided to make a catastrophe. OK well we will see, perhaps the Catastrophe will be your exposure and the end of the Federal Reserve etc.

    Hey Rothschild’s think this will work?

    https://www.youtube.com/watch?v=FHEdBQZxorc

?>

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