Legend Issues Dire Warning About A Terrifying Future And The Trigger For Total Global Collapse…”As markets start falling, there will be no more pensions.”

Monday, February 22, 2016
By Paul Martin

February 21, 2016

On the heels of seven weeks of chaotic trading in markets, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, just issued a dire warning about a terrifying future and the trigger for total global collapse.

Egon von Greyerz: “Eric, the world is likely to enter the worst economic downturn in history at any time now. There have been depressions in many countries and regions before, but the world has never been in a situation when every single major economy is on the road to bankruptcy.

The Fed, A Dire Warning And Total Collapse

Egon von Greyerz continues: “During the last 100 years, the Fed and their partners in crime have created a system based on false prosperity. The damage they have caused the world economy will sadly lead to total collapse. As von Mises said:

“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe
of the currency system involved.”

The Rest…HERE

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