Former White House Official Warns The World Is Dangerously Close To Collapse

Wednesday, December 31, 2014
By Paul Martin
December 31, 2014

Today a former White House official and Plunge Protection Team member warned King World News that the world is dangerously close to collapse. Former presidential adviser and member of the U.S. President’s Working Group on Financial Markets, Dr. Philippa Malmgren, also discussed why the world is so dangerously close to collapse and what can trigger it at any time.

Dr. Malmgren: “There is a risk that this period of history might end up being parallel to 1922 – 1923 in Germany. As you recall, that was a period when the central banks started really expanding the money supply and thinking they could control the outcome at a later date. It turned out they couldn’t and it really got out of control in a couple of years. Then we had the dreadful hyperinflation that we refer to in the Weimar Republic….

The Rest…HERE

2 Responses to “Former White House Official Warns The World Is Dangerously Close To Collapse”

  1. Collapse is already happening for middle and lower class. Underemployed and part-time workers. Unbelievable, increasing amounts of debt both public and private. Increasing civil unrest all over the world. Disturbing wealth inequality. A broken, corrupt american government that promotes wall street greed. Greed and corruption is destroying america. United we stand, divided we fall.

  2. Yay,bring it on…peace out…


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