The 2016 Annual Meetings of the IMF and the World Bank Group are taking place in Washington DC this year where policy makers of central banking are looking to change the global economy. Global economic growth has been terrible and the globalist international bankers are looking at ways central banks can change the economic outlook.
Policy-making elites converge on Washington this week for meetings that epitomize a faith in globalization that’s at odds with the growing backlash against the inequities it creates.
From Britain’s vote to leave the European Union to Donald Trump’s championing of “America First,” pressures are mounting to roll back the economic integration that has been a hallmark of gatherings of the IMF and World Bank for more than 70 years.
Fed by stagnant wages and diminishing job security, the populist uprising threatens to depress a world economy that International Monetary Fund Managing Director Christine Lagarde says is already “weak and fragile.”