I HAVE BEEN AHEAD OF MOST ALL MAJOR ECONOMIST BY 4 YEARS. MAJOR GLOBAL SLOWDOWN.....JUST LIKE I SAID 4 YEARS AGO. The G-20...which is a Group of 20 industrial and developing nations on Saturday agreed to raise global growth by 2% in the next five years via a wide-reaching package of structural measures. This is BAD....we need at least 4%....THIS PROVES EXACTLY what I have been saying about GLOBLAL DEFLATION. According to members of the German delegation, the proposals, which are a mix of structural measures, would only lead to a 1.8% increase in economic growth, compared with 2013, if they were implemented today. German Finance Minister Wolfgang Schäuble backed the 2% target but also warned they could FOSTER RISKS to financial stability in the long-term..according to these sources. ( this will have very serious implications and WHY I FIRED my Financial Planner that said I was way off BASE) She isnt laughing now.......
Posted on: Sun, 21 Sep 2014 23:20:12 +0000
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