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Ben Schreiner – 2016: A Year of Financial Barbarism?

With New Year celebrations barely in the rear view mirror, foreboding storm clouds are once again forming along the horizon.  The blackening skies are casting a dour mood over 2016, which in its mere infancy seems all but assured to see deepening global tumult, conflict, and crisis. At the root of this palpable disquiet lies the still fragile state of …

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Barry Grey – IMF head warns of slow growth and economic “shocks” in 2016

International Monetary Fund Managing Director Christine Lagarde offered a bleak economic forecast for 2016 and beyond in a guest column published Wednesday in the German financial newspaper Handelsblatt . The IMF head wrote that global economic growth next year would be “disappointing” and the outlook for the medium term had also deteriorated. Lagarde pointed to the continuing slowdown in China …