International Monetary Fund: The world economy is on the verge of collapse

by **claud39** Sun Jan 06, 2019 10:41 am

http://www.ikhnews.com/index.php?page=article&id=180768

International Monetary Fund: The world economy is on the verge of collapse

06-01-2019

International Monetary Fund: The world economy is on the verge of collapse Image

Baghdad:

The International Monetary Fund (IMF) recently warned of some worrying economic indicators in 2019, with experts predicting a new financial meltdown in 2008.

The International Monetary Fund warned of the worsening global indebtedness and slow economic growth, but this situation 'unsatisfactory' is interpreted in several reasons factors, according to the newspaper 'Guardian' Britain.

Analysts say the beginning of the year is not always an accurate indicator, as major economies often begin to decline but return to take off and grow later, and this is noticeable in 2016.

The global economy benefited from an important push after 2014 after oil prices fell to unprecedented levels, but this was at the expense of the oil-exporting countries, and this batch did not last long.

The year 2017 and 2018 saw no encouraging economic performance, with the exception of the United States, where the Trump tax policy stimulated consumption amid encouraging data for markets and jobs.