Pure Fantasy And The Remarkably Desperate Crisis The World Now Faces

Saturday, August 15, 2015
By Paul Martin

August 15, 2015

On the heels of another chaotic trading week in major markets, today one of the top economists in the world sent King World News an incredibly powerful piece warning about pure fantasy and the remarkably desperate crisis the world now faces. Below is the fantastic piece from Michael Pento.

By Michael Pento of Pento Portfolio Strategies

August 15 – (King World News) – The average yield on the 10 year was over 7% between the years starting in 1971 and the start of Great Recession. However, central banks have been pushing down the long end of curve for the last seven years. This has lowered interest rates and made our massive federal debt easier to service and much more readily increased….

The Rest…HERE

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