"Brace yourselves, it's coming…"

She said this is forcing central banks to raise interest rates, while governments are redirecting budget revenues away from subsidies for citizens and toward servicing their own debts. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), warned that this winter could be exceptionally difficult in developed countries. In doing so, she invoked the famous line from the series Game of Thrones. "Do you like Game of Thrones? Winter is coming.