International Institute of Management (IIM) - Financial Guru Who Predicted the Crisis Warns of a New Financial Shock

Med YonesStore this angel in big sizeLas Vegas, NV, June 23, 2009 –International Institute of Management (IIM) appear today that Med Yones, the banking able who predicted the 2008 banking crisis will be carrying new banking predictions for 2010-2015 to world’s wealthiest families at an absolute ancestors investment branch on June 23 & 24 in Geneva, Switzerland.

According to Med Yones, “The government behavior are damaging the US banking future. The government bailed out General Motors (GM) and gave them $20B, a ages after GM declared bankruptcy. GM assets with the $20B bailout are $82B and their debt is $172B, so their net disinterestedness is abrogating $90 Billion. Recently, the US government appear that they will advance an added $30B to get 60% of GM, in added words they will pay $30 Billion to buy $54 Billion of debt. What broker in his appropriate apperception would pay money to buy liabilities? How does that advice the economy, or tax payers’ money? From an bread-and-butter angle point the accommodation is a big failure; The ABCs of accounts advise us to bankrupt our declining investment (cut our losses) and advance in the growing industries that accomplish revenues and actualize jobs. You do not advance in accident business to accumulate jobs, you let the bad business fail, and actualize jobs by advance the money in new aggressive and acceptable industries. The government could re-allocate the absent auto accomplishment jobs to electric car productions, wind activity assembly and several added industries, at atomic the invested money will abate the US activity bill traveling forward” – said Med Yones, the President of the institute.

About IIM:
International Institute of Management (IIM) is a business action anticipate catchbasin based in Las Vegas, NV. IIM has 41 universities and analysis ally in 16 countries. IIM leverages a all-around ability arrangement to accommodate government and business leaders with the latest and a lot of beat business strategies and policies.

About Med Yones
Mr. Yones has been alleged the banking authority due to the accurateness of his banking predictions and their timing. He is quoted in common banking media on the topic. To apprentice added about the advance crisis you can appointment the aboriginal banking predictions address for 2007-2017 at: www.iim-edu.org/u.s.economyrisks/

The adapted 2010-2020 bread-and-butter address will be accessible online in July/August 2009 at the CEO Quarterly Magazine website www.ceoqmagazine.com/

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For interviews, amuse acquaintance us at Tel: +1.702.515.7447 or media2(at)iim-edu.org

International Institute of Management (IIM)
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