Japan Warns of Global Economic Collpapse

"On Thursday leaders at the G7 in Japan ignored a dire warning issued by Prime Minister Shinzo Abe about the perilous state of the global economy and the risk “of the re-emergence of a Lehman-scale crisis.”
Abe presented data showing that commodities prices have fallen 55 percent since 2014, paralleling the drop experienced during the 2008 financial crisis.............reality on a number of fronts, most notably a worsening debt crisis and anemic recoveries across the board, from the United States to the Eurozone and Japan.
Instead of focusing on a looming economic catastrophe, the G7 leaders warned against a Brexit. UK voters will decide on leaving the union during a referendum scheduled for June 23." IW