David Stockman – This Will Scare The World To Death
KingWorldNews.com
November 20, 2015
Today David Stockman, the man President Ronald Reagan called upon along with Dr. Paul Craig Roberts to help save the United States from disaster in 1981, spoke with King World News about what he believes is going to “scare the world to death.” Stockman also spoke about what is really happening with the global economy and why Western central banks are finally hitting the wall.
David Stockman: “We’re headed for a very severe monetary crisis and period of great instability — the very opposite of what has been experienced for the last six or seven years, when these markets have been effectively tranquilized by the central banks and their massive quantitative easing and intrusion into financial markets…
David Stockman continues: “But it’s going to change because we’re reaching the point where they (central banks) are out of dry powder. I don’t think the central banks have infinite power. I don’t think they can keep interest rates suppressed forever if confidence is lost.
This “Will Scare The World To Death”
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