The world economy is on the verge of collapse

The International Monetary Fund (IMF) said Sunday that the new year will witness a financial meltdown similar to that of 2008.

The International Monetary Fund pointed out, ‘the aggravation of global indebtedness and slow economic growth, but this situation’ unsatisfactory ‘finds its explanation in several reasons factors.

Noting that ‘the beginning of the year is not always accurate indicator as the major economies are usually starting to decline a little but return to take off and grow later, and this was markedly in 2016’. Source

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