With the world’s largest sovereign wealth fund now facing a $40 billion shortfall, the timing is perfect to take a look at the financial impact of the financial crisis on the global economy.
According to the World Bank, the crisis has left the global financial system in a much weaker state than it was when it began.
The International Monetary Fund (IMF) estimates that the global trade deficit has fallen from $12.9 trillion in December 2010 to $5.9 billion in October 2011.
In terms of global economic output, the IMF says the global economic recovery has been “stagnant” and that the world is on course for a global recession this year.
The IMF predicts a total of $6.4 trillion in economic output will be lost in 2014, up from $4.9 trln in 2013.
While the world economy is still recovering from the financial collapse, there are signs the global recession is starting to slow down.
Economists say the latest figures from the United Nations are expected to show a modest uptick in economic activity in the third quarter of 2014, from an already strong start to a slightly stronger start.
In the United States, a strong economy and a slowing economy have both led to slower economic growth than before the crisis.
According to the Congressional Budget Office, economic growth has been slower than in the second quarter of 2010.
The economy is also starting to recover from the impact of sequestration cuts in the US and Europe.
According the Congressional Research Service, the United Kingdom has recovered from the recession, with the economy growing by 2.7 percent in the fourth quarter.
However, growth in France has slowed to 2.5 percent, which is also the slowest pace in the G7.
On top of that, in Europe, unemployment is currently hovering at 13.1 percent.
In other words, the US economy is growing, but its jobless rate is hovering around 13 percent.
That’s down from a high of 16.3 percent in early 2014.
The US economy, in addition to being in a stronger position than the UK and France, is also enjoying a stronger recovery than the eurozone.
In the US, the unemployment rate is 4.5 percentage points lower than the EU average.
In total, according to the IMF, the global recovery has added an additional $8.2 trillion to the global wealth of the global population, or a little over $100 trillion.
That is about $60 trillion more than it took out of the world in 2009.
However, while the global impact of economic downturns is now well established, the effects of financial downturns on global financial systems are not.
In other words in a financial crisis, the financial system is already in a very weak state.
In 2008, the international financial system had its worst crisis since the Great Depression.
According the International Monetary Foundation (IMFB), the global debt-to-GDP ratio is now more than 160 percent.
It was below 100 percent in 2001 and below 100.5% in 2007.
As a result, the International Sovereign Bond Fund (ISBF), the fund responsible for the $400 billion global bonds market, is now struggling to manage $40.2 billion of the $55.7 billion that the ISBF is expected to spend this year on its bonds.
The ISBF says it is expecting the global bond market to grow from about $5 trillion in 2009 to $11.5 trillion by 2020.
In order to prevent the ISBM from losing money, it has begun to buy bonds to keep the global bonds markets healthy.
The International Monetary Committee (IMC), which oversees the IMF and the World Trade Organization, has begun buying bonds to provide a cushion to the ISBF in case it needs to borrow more to fund its debt.
However the global investment community is in a precarious financial position as well.
According a new report by investment bank Morningstar, the world has been stuck in a deflationary spiral since the 2008 financial crisis.
In a recent report, Morningstar estimated that the economic downturn and the recession it caused have now cost the global average economy $1.1 trillion in lost output.
In fact, Morninglight points out that the combined effects of these factors have caused the global stock market to fall by about 15 percent since 2008.
This has also left the US stock market down nearly 4 percent, and the global market down 6.4 percent.
The report also notes that global economic growth, the primary driver of the growth in global wealth, is down from 3.2 percent in 2007 to 2 percent in 2014.