IMF's Lagarde: Global Trading System In "Danger Of Being Torn Apart"

Without mentioning either the US or China by name, IMF head (and convicted criminal) Christine Lagarde warned about the dangers of the world being "sucked into a protectionist spiral" that would undermine global growth - the latest sign that the IMF's upcoming global growth projection might be somewhat less enthusiastic than the nearly 4% rate for this year and next forecast by the IMF in January.