Worldwide Crash Gaining Momentum But The Real Terror Is Still To Come

Monday, January 18, 2016
By Paul Martin

KingWorldNews.com
January 18, 2016

After chaotic trading to open 2016, today King World News is featuring a powerful interview with one of the greats in the business that warns the worldwide crash is gaining momentum but the real terror lies ahead.

James Turk: “There is one key financial measure that all KWN readers and listeners should be focused on throughout 2016, Eric, which is likely to be a momentous year. It is the US government’s interest expense burden. Worryingly, the overall state of the federal government’s financial condition is frightful…

James Turk continues: “The federal government is walking on a precipice, and it is touch-and-go whether it falls into the abyss this year. If it does, a dollar collapse and hyperinflation will be the inevitable result.

That outcome may seem difficult to believe given how commodity prices have fallen. But consider that commodity prices are down because global economic activity has dropped, not because central banks are pursuing sound monetary policies that enhance the purchasing power of currencies.

70% Crash In The Baltic Dry Index

The Rest…HERE

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