Saturday, October 17, 2015

IMF warns of a coming global crash

Friday, October 16, 2015
Money and Markets

Dear Subscriber,
Larry Edelson
Sometimes, the accuracy of the economic cycles I follow shocks even me.
This time, it’s more than uncanny; it’s plain spooky.
A few days ago, the International Monetary Fund (IMF) issued a very unsettling special report.
In it, the IMF warned that the risk of a global financial crash is rising rapidly.
Among the chief reasons: Massive, unpayable government debts throughout the Eurozone.
According to José Viñals, Financial Counsellor and Director of the IMF’s Monetary and Capital Markets Department, this enormous debt bomb, exacerbated by the slowdown in China and economic trouble elsewhere combine to form a “triad of risks” with the power to crush not only Europe, but the entire global economy.
As a result, the IMF downgraded its forecast for the global economy to levels not seen since the Great Recession.
Unsettling? Yes. Disturbing? Absolutely.
But here’s where it gets downright unnerving:
This terrifying report was released on Wednesday, October 7; the exact date I’ve been warning you about for months, now!
You have been amply warned.
You have seen how accurate the economic cycles I follow have been for the past 100 years.
You saw what happened the last time they converged in 1929.
And you are a living witness to the disturbing events that have begun to take place since they converged earlier this month.
Right now, you can protect yourself and grab truly monumental profit potential simply by focusing on supercycle investments that rise when the euro plunges ... that soar when European stocks crater ... and that spin off huge profits as trillions of euros in flight capital move into U.S. dollars and investments.
I sincerely hope you’re taking action — because my prediction stands: Those who ignore this warning will regret it. They stand to lose everything.
Yours for supercycle survival and profits,

Larry Edelson

Senior Analyst, Weiss Research
Editor, Supercycle Trader
P.S. Although enrollment in my Supercycle Trader has now closed, I will continue these daily updates to help keep you abreast as this crisis continues to unfold.

The investment strategy and opinions expressed in this article are those of the author's and do not necessarily reflect those of any other editor at Weiss Research or the company as a whole.

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