A Full-Blown Crisis Is Coming & There Will Be Hell To Pay

Wednesday, July 16, 2014
By Paul Martin

July 16, 2014

Today one of the wealthiest people in the financial world warned King World News that a full-blown crisis is coming and there will be hell to pay. Rick Rule, who is business partners with Eric Sprott, also discussed the trouble in the banking system in Europe and the German move to approve bail-ins.

Eric King: “Rick, we are seeing the reemergence of the banking crisis. Germany has just moved to legalize bail-ins. Obviously this is going to get out of hand once again. How bad is this going to get?”

Rule: “We have warned about this for some time on King World News. I think what we said last year was that none of the principle causes of the global financial crisis in 2008 were ever addressed….

The Rest…HERE

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