Will Europe Be Engulfed By Massive Bank Runs And Economic Chaos?
KingWorldNews.com
February 14, 2015
On the heels of another wild trading week in world markets, today one of the top economists in the world sent King World News an incredibly powerful piece warning that Europe may be engulfed by massive bank runs and economic chaos. Below is the fantastic piece from Michael Pento.
By Michael Pento of Pento Portfolio Strategies
February 14 – (King World News) – Greece’s newly elected leftist Prime Minister, Alexis Tsipras, is bringing deficit spending back into vogue. The charismatic prime minister laid out plans to dismantle Greece’s “cruel” austerity program, ruling out any extension of its international bailout and setting himself on a collision course with the European Union. Unabashedly candid, he has burst on the scene as the veritable anti-austerity rock star; serenading fans with a return to big spending, including a raise in the minimum wage and pensions.
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