Richard Russell – Big Money Now Panicking As Legendary Economist John Williams Issues A Dire Warning

Thursday, June 25, 2015
By Paul Martin

KingWorldNews.com
June 25, 2015

As people continue to digest breaking news out of Greece and around the world, the Godfather of newsletter writers, 90-year-old Richard Russell, cautioned that big money is now panicking as legendary economist John Williams issues a dire warning.

Legendary Economist John Williams Issues A Dire Warning

Richard Russell: “Of everything I read there is one item that bothers me, it’s the newsletter by John Williams titled Shadow Government Statistics. But strangely, I never see him quoted. Here’s what he says in his latest mailing:

“Broad outlook is unchanged: economy remains in downturn. Dollar faces massive decline with ongoing implications for a hyperinflation crisis. The US economy remains in ongoing downturn, while the US dollar faces a massive decline, with implications for a meaningful upturn in inflation evolving into a great hyperinflationary crisis. Signs of systemic instability are increasing anew.”

Williams’ report is based on cutting through the government and Federal Reserve propaganda and giving us the real facts. Williams believes that the US never grew out of the great recession and is still in recession.

The question I ask is why nobody is quoting Williams on the economy. His position is so different from the conventional wisdom that I think it constitutes news. It’s incomprehensible to me that no publication interviews Williams. Personally, I suspect that Williams’ view of the economy is the correct one. Sooner or later what Williams is saying will be picked up by some widely read publication such as USA Today or the New York Times.

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