Legend Felix Zulauf Warns Banks Will Be Nationalized And Government Theft Is Starting…”Banks Have Already Eliminated A Staggering 600,000 Jobs”
KingWorldNews.com
February 05, 2016
Today one of the legends in the business and 28-year Barron’s Roundtable panelist, Felix Zulauf, told with King World News that the new normal is a permanent crisis. He also warned that banks will be nationalized and government theft is starting.
Felix Zulauf: “The new normal is a permanent crisis because so far we have not solved any problems since the Great Financial Crisis. And as the world economy slows down further, and it’s beginning to grind down to very low growth rates and stagnation, the systemic risks are going up and that’s why it’s a good idea to have a solid position in the gold market.
Banks To Be Nationalized
I always joke that Deutsche Bank has the right name because it will eventually be owned by the German public. I think several banks could eventually be nationalized because otherwise they will not survive, or the risk of not surviving and taking down the system is too big…
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