Nigel Farage – This Is My Greatest Worry As We Head Into 2013

Tuesday, January 8, 2013
By Paul Martin
January 8, 2013

Today Nigel Farage spoke with King World News about his greatest worry as we head into 2013. Farage, who is Britain’s very popular MEP, also gave his outlook for Europe in 2013, as well as his 2013 outlook for the globe, Here is what Farage had to say in this powerful and timely interview: “What really has me worried, and this may go beyond 2013, but I think the one thing that is going to change is we’ve been through a period, since 2008, of interest rates being virtually zero. During that period of time, governments have racked up vast, vast amounts of debt, and are continuing to run huge budget deficits.”

“I noticed at the end of last week that the 10-Year British bond suddenly traded out at 2%. That to me is a marker. It’s a marker that says, ‘Low interest rate environments don’t last forever.’ Actually, as you and I have discussed before, all of these programs, such as QE, in the end must be inflationary.

And I think we are going to be heading into a world of rising interest rates. That is when our governments, who are continuing to run these deficits, are going to be in real, real trouble….

The Rest…HERE

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