Central Planners Now Fighting A War That Will End In Tragedy
KingWorldNews.com
August 9, 2014
With a non-stop flow of propaganda from Western mainstream media outlets, today Michael Pento warned King World News that the central planners are now fighting a war that will end in tragedy. Pento also discusses how this war will end and what to expect in the future.
By Michael Pento of Pento Portfolio Strategies
August 9 (King World News) – Central Planners Now Fighting A War That Will End In Tragedy
In the middle of July the stock market finally awoke from its QE-induced coma and realized that the Federal Reserve’s tapering, which has been going on for the last six months, was for real. Like a child who becomes accustomed to a parent who threatens punishment but never follows through, the market had been in denial to the Fed’s withdrawal of monetary stimulus. Now, thankfully, the ending of Fed asset purchases will be the pin that pops this QE-inflated market and economy….
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