2016 EXPECTATIONS SHATTERED BY FAILED FED POLICY
The IMF sharply defined the drag by the USA on world economies. The IMF also stated developed nations in the EU and Asia are dragging all world economics. They adjusted 2016 growth from 3.0 at the start of the year to 1.4 in October – down 80% year to date. For mature economies.
The IMF stated that the historically weighted UNMATCHED SLOW recovery was reaching far too few people for far too long a period of time….which itself ripples into other ramifications for world growth.
Implied that with less than 4% growth the USA and the EU can not support their debt – same for China who requires 12% growth versus a reported 5% to support 300% debt to GROSS NATIONAL OUT PUT.
The Developing economies are going bankrupt safely and slowly.
There is no end in sight.
The long long period without growth has now created POLITICAL INSTABILITY. The outcome of which is revolutionary in some countries and radical sea changes in other nations like the USA. Change – massive change with unknown outcomes – raising huge uncertainties in 2017 and 2018 is now the only SURE thing – what is certain is UNCERTAINTY. The old norm is gone and there is no new normal.
SUPER CHANGE in all markets is now the rule. HOW TO ADAPT TO SUPER CHANGE is the new box top rules. LOOK For my new BOOK addressing these IMF concerns this Holiday …SUPER CHANGE….HOW TO PROSPER IN THE SUPER CHANGE MARKETS – an absolute certain global best selling upon release.
I’ll keep a copy reserved with your name on it.
Berny Dohrmann – IMF NEWS JUST IN HOURS AGO— October 5, 2016