IMF Warning: ‘World’s Financial System Is More Stretched, Unstable and Dangerous Than It Was On the Eve of the Lehman Crisis’

Summary:
◆ The International Monetary Fund (IMF) has again warned that the world’s financial system is more stretched, unstable and dangerous than it was on the eve of the Lehman crisis ◆ Quantitative easing, zero percent interest rates and massive financial repression has pushed investors – and in the case of pension funds or life insurers, actually forced them – into taking on ever more risk ◆ Ambrose Evans-Pritchard analyses the IMF warning in The Telegraph and concludes that the IMF has presented us with a Gothic horror show and that “we have created a monster” ◆ The International Monetary Fund (IMF) has presented us with a another stark warning; It alas is being ignored by most of the world’s media and by most financial advisers and economists ◆ AEP’s important

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