{"id":38832,"date":"2018-10-07T11:52:04","date_gmt":"2018-10-07T16:52:04","guid":{"rendered":"http:\/\/olduvai.ca\/?p=38832"},"modified":"2018-10-07T11:52:04","modified_gmt":"2018-10-07T16:52:04","slug":"inverted-global-yield-curve-creates-the-perfect-cocktail-for-a-liquidity-crunch-as-the-imf-warns-of-a-second-great-depression","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=38832","title":{"rendered":"Inverted Global Yield Curve Creates \u201cThe Perfect Cocktail For A Liquidity Crunch\u201d As The IMF Warns Of \u201cA Second Great Depression\u201d"},"content":{"rendered":"<header class=\"entry-header\">\n<h3 class=\"entry-title\"><a href=\"http:\/\/theeconomiccollapseblog.com\/archives\/inverted-global-yield-curve-creates-the-perfect-cocktail-for-a-liquidity-crunch-as-the-imf-warns-of-a-second-great-depression\">Inverted Global Yield Curve Creates \u201cThe Perfect Cocktail For A Liquidity Crunch\u201d As The IMF Warns Of \u201cA Second Great Depression\u201d<\/a><\/h3>\n<\/header>\n<div class=\"entry-content\">\n<p><a href=\"http:\/\/theeconomiccollapseblog.com\/archives\/inverted-global-yield-curve-creates-the-perfect-cocktail-for-a-liquidity-crunch-as-the-imf-warns-of-a-second-great-depression\/world-clock-time-public-domain#main\" rel=\"attachment wp-att-14342\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-14342\" src=\"http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2018\/10\/World-Clock-Time-Public-Domain-540x338.jpg\" sizes=\"auto, (max-width: 540px) 100vw, 540px\" srcset=\"http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2018\/10\/World-Clock-Time-Public-Domain-540x338.jpg 540w, http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2018\/10\/World-Clock-Time-Public-Domain-300x188.jpg 300w, http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2018\/10\/World-Clock-Time-Public-Domain-768x481.jpg 768w, http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2018\/10\/World-Clock-Time-Public-Domain.jpg 1280w\" alt=\"\" width=\"540\" height=\"338\" \/><\/a>Why would the IMF use the phrase <a title=\"\u201ca second Great Depression\u201d\" href=\"https:\/\/www.express.co.uk\/finance\/city\/1026781\/Financial-crash-warning-IMF-International-Monetary-Fund\" target=\"_blank\" rel=\"noopener noreferrer\">\u201ca second Great Depression\u201d<\/a> in a report that they know the entire world will read?\u00a0 To be more precise, the IMF stated that <a title=\"\u201clarge challenges loom for the global economy to prevent a second Great Depression\u201d\" href=\"https:\/\/www.express.co.uk\/finance\/city\/1026781\/Financial-crash-warning-IMF-International-Monetary-Fund\" target=\"_blank\" rel=\"noopener noreferrer\">\u201clarge challenges loom for the global economy to prevent a second Great Depression\u201d<\/a>.\u00a0 Are they saying that if we do not change our ways that we are going to be heading into a horrific economic depression?\u00a0 Because if that is what they are trying to communicate, they would be exactly correct.\u00a0 At this moment, global debt levels are higher than they have ever been before in all of human history, and in their report the IMF specifically identified \u201cglobal debt levels\u201d as one of the key problems that could lead to <a title=\"\u201canother financial meltdown\u201d\" href=\"https:\/\/www.theguardian.com\/business\/2018\/oct\/03\/world-economy-at-risk-of-another-financial-crash-says-imf\" target=\"_blank\" rel=\"noopener noreferrer\">\u201canother financial meltdown\u201d<\/a>\u2026<\/p>\n<blockquote><p><strong>The world economy is at risk of another financial meltdown<\/strong>, following the failure of governments and regulators <a class=\"u-underline\" title=\"to push through all the reforms\" href=\"https:\/\/www.theguardian.com\/commentisfree\/2017\/sep\/14\/the-financial-system-is-still-blinking-red\" target=\"_blank\" rel=\"noopener noreferrer\" data-link-name=\"in body link\">to push through all the reforms<\/a> needed to protect the system from reckless behaviour, the International Monetary Fund has warned.<\/p>\n<p><strong>With global debt levels well above those at the time of the <a class=\"u-underline\" title=\"last crash in 2008\" href=\"https:\/\/www.theguardian.com\/commentisfree\/2018\/sep\/12\/crash-2008-financial-crisis-austerity-inequality\" target=\"_blank\" rel=\"noopener noreferrer\" data-link-name=\"in body link\">last crash in 2008<\/a>,<\/strong> the risk remains that unregulated parts of the financial system could trigger a global panic, the Washington-based lender of last resort said.<\/p><\/blockquote>\n<p>And the IMF report also seemed to indicate that global central banks were responsible for the situation in which we now find ourselves.<\/p>\n<p>In the report, an \u201cextended period of ultralow interest rates\u201d was blamed for <a title=\"\u201cthe build-up of financial vulnerabilities\u201d\" href=\"https:\/\/www.express.co.uk\/finance\/city\/1026781\/Financial-crash-warning-IMF-International-Monetary-Fund\" target=\"_blank\" rel=\"noopener noreferrer\">\u201cthe build-up of financial vulnerabilities\u201d<\/a>\u2026<\/p>\n<blockquote><p>The IMF Global Financial Stability report read: <strong>\u201cThe extended period of ultralow interest rates in advanced economies has contributed to the build-up of financial vulnerabilities.<\/strong><\/p><\/blockquote>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Inverted Global Yield Curve Creates \u201cThe Perfect Cocktail For A Liquidity Crunch\u201d As The IMF Warns Of \u201cA Second Great Depression\u201d Why would the IMF use the phrase \u201ca second Great Depression\u201d in a report that they know the entire world will read?\u00a0 To be more precise, the IMF stated that \u201clarge challenges loom for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[7431,195,18659,3461,2310,1883,6061,6809,7069,383,22176,22177,20708,487,9925,4901,22178,7452,22179,12453,6438,22180,10388],"class_list":["post-38832","post","type-post","status-publish","format-standard","hentry","category-economics","tag-credit-crunch","tag-debt","tag-debt-levels","tag-debts","tag-depression","tag-economic-depression","tag-financial","tag-financial-meltdown","tag-global-debt-levels","tag-great-depression","tag-horrific-economic-depression","tag-inverted-global-yield-curve","tag-inverted-yield-curve","tag-liquidity","tag-liquidity-crunch","tag-michael-snyder","tag-second-great-depression","tag-the-economic-collapse-blog","tag-the-financial-meltdown-of-2018","tag-the-global-economy","tag-the-imf","tag-the-second-great-depression","tag-yield-curve"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38832"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38832\/revisions"}],"predecessor-version":[{"id":38833,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38832\/revisions\/38833"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}