The global Warnings are becoming more conspicuous as mainstream media begin to echo the research that report global financial crisis worsening and collapse is likely.
Perhaps as soon as this year or year 2015, as the currency wars spillover to military interventions.
Does this indicate that the central planners are now prepared to execute their emergency plans?
Where state of emergency/martial law/war/bank-holiday is publicly declared and extreme measures are enforced upon the People with threats, weapons, fines, and prison if citizens refuse to obey new policies and restrictions.
What false flag or catastrophic event will be used to usher in the dystopia? ~Ron
1930s-style debt defaults likely, says IMF research
Many advanced economies are likely to require financial repression, outright debt restructuring, higher inflation and a variety of capital controls, a new research paper commissioned by the International Monetary Fund (IMF) has warned.
The magnitude of today’s debt in Western economies will mean fiscal austerity will not be sufficient, Harvard economists Carmen Reinhart and Kenneth Rogoff said in the report, as policymakers continue to underestimate the depth and duration of the downturn.
Read more: CNBC