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Lifestyles
IMF to Unleash 'Abenomics' in EU Print E-mail
by Tom McGregor    Wed, Apr 2, 2014, 08:24 PM

US President Barack Obama is supporting an International Monetary Fund (IMF) package that would flood the European Union (EU) economy with billions of US dollars of American taxpayers' money.

According to the BBC News, "The global economy could be heading for years of "sub-par growth", according to the head of the International Monetary Fund (IMF). Christine Lagarde warned that without "brave action" the world could fall into a "low growth trap".

Obama is telling EU citizens, "If you like your cash flowing from American taxpayers, you can keep it."

As reported by the BBC, "Ms Lagarde also urged more action to tackle low inflation in the eurozone. She called on the European Central Bank (ECB) to pursue "more monetary easing, including through unconventional measures."

The IMF is threatening to crash the US Stock Markets if they do not receive a flood of cash from the United States of America.

To read the entire article from the BBC News, link here:

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