IMF says the risk to financial stability is getting close to a crisis level. As the global economy deals with too much debt and rising costs of capital, the chances of the world financial system breaking down have been increased to levels only seen during past crises. The need for more "orderly debt restructuring" to get low-income countries on a more sustainable path is made clear because debt levels are rising and fiscal pressures are getting worse.   

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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment.