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The World Bank and the IMF Are Enabling the Next Crisis

frankieleon / (CC-BY-2.0) The ingredients of a fresh global economic crisis are assembling and the IMF and the World Bank are failing to acknowledge their role in creating them. Guardian economics editor Larry Elliott writes: According to the IMF, global debt has risen to a record level of $152tn (£1223tn) – more than double world GDP – at a time when activity is sluggish.
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