“Looming Catastrophe from Diseased Rates”: Billionaire Icahn Warns of Danger Ahead
Mac Slavo
September 28th, 2015
SHTFplan.com
Billionaire investor Carl Icahn, who is something of an economic rock star, is releasing a video Tuesday that warning of potential looming financial catastrophe.
Carl Icahn has drawn attention recently after reportedly endorsing Donal Trump’s candidacy for president, and apparently being recruited by Trump as his potential Treasury Secretary.
But now he is warning in “danger ahead” that the plague and “disease” from prolonged interest rates from the Federal Reserve, which has in turn forced people into risky high yield markets – where investors are seeking return on their investment – is doomed to a fail, and poses a risk to that is system wide in its scope.
The long term icon of finance says he has worried in particular for the last five or six months, and that it is not a matter of if, but when:
“I want to speak out now, I know this may sound corny, but because I grew up in the streets of Queens. I love this country and I feel so strongly about the dysfunction that is going on both in Washington and the board rooms of corporate America”
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