Global Economy Teeters on the Brink of a Recession That Will Transform Geo-Politics

Friday, December 28, 2018
By Paul Martin

By Dr. Leon Tressell
Global Research
December 28, 2018

As we approach 2019 the global economy teeters on the brink of yet another recession which will plunge geo-political relations into a period of great upheaval and rapid change. In 2019 global stock markets will continue to face unprecedented volatility and gigantic losses as the Ponzi scheme pumped up by the cartel of central banks comes crashing down.

The central bank cartel of the U.S. Federal Reserve, European Central Bank, Bank of Japan, and Bank of England together with the Bank of China have flooded their national economies with astronomical sums of money since 2008 in an attempt to stave off collapse of the global financial system.

Their money printing experiment has driven global debt from $177 trillion to over $277 trillion today while interest rates have been artificially suppressed enabling a wealth transfer to the 1% of historic proportions. This massive expansion of central bank balance sheets is illustrated below.

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