The World Is Now Rolling Over Into A Frightening Deflation

KingWorldNews.com
October 13, 2014

On the heels of the beginning of another week of trading in global markets, today one of the brightest minds in the financial world warned King World News that the world is now rolling over into a hard deflation.

By Michael Pento of Pento Portfolio Strategies

The International Monetary Fund (IMF) has downgraded its global growth forecast for both this year and next, highlighting among other things, the threat of weakening demand in the Eurozone and a slide into deflation. This comes after consumer price growth in the eurozone slipped again in September, coming in at just 0.3 percent….

The Rest…HERE

This entry was posted on Tuesday, October 14th, 2014 at 1:09 am and is filed under Conspiracy, Corruption, Economics, God Help Us, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.