RE: BIS
Workfag trying to catch up. Read the zerohedge article.
Connected to the article out today that is likely already posted — reaming the US for the consumer debt.
-
The IMF (as well as the Organization for Economic Cooperation and Development and the Bank for International Settlements) is concerned that failure to follow more prudent fiscal policies, which bring fiscal deficits under control and reduce state reliance on debt, will mean less flexibility in dealing with the next economic downturn.
https://www.yahoo.com/news/global-debt-next-great-financial-010900950.html
They are threatening us with a recession.