Financial Repression And Propaganda Intensifying Ahead Of Economic Chaos

KingWorldNews.com
Oct. 24, 2015

With continued volatility in global markets, today one of the top economists in the world sent King World News an incredibly powerful piece warning that a full-blown depression will force radical changes. Below is the fantastic piece from Michael Pento.

By Michael Pento of Pento Portfolio Strategies
October 24 – (King World News) – Financial Repression And Economic Chaos

Seven years of extraordinary fiscal and monetary stimuli are proving ineffective towards achieving the growth and inflation targets laid out by the Federal Reserve. The Consumer Price Index (CPI), the Producer Price Index (PPI) and Gross Domestic Product (GDP) have all failed to grow over 2%. This is because asset prices, at these historically high levels, need massive and ever increasing amounts of QE (new money creation) to stave off the gravitational forces of deflation and depression. Fittingly, it isn’t much of a mystery that the major U.S. averages have gone nowhere since QE officially ended in October of 2014…

The Rest…HERE

This entry was posted on Saturday, October 24th, 2015 at 5:25 pm and is filed under Conspiracy, Corruption, Economics, God Help Us, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.