“Sell Everything” – Top Mega Banks Warn that a “Cataclysmic” Collapse has Begun
By Matt Agorist
MyDailyInformer.com
February 21, 2016
After years of giveaways to mega banks, marketed to the taxpayers as ‘quantitative easing,’ the crutches shoved under the banker-controlled global stock trade are about to snap.
In June of 2015, former Congressman Ron Paul predicted that these crutches would fail, and the financial bubbles created by them would send the stock market into a free fall.
“The consequences will not be minor. Surprises will be many, since we are in uncertain waters and the world has never faced the gross misallocation of capital that exists today. The process is self-limiting. It will come to an end, and it’s not going to be far into the future.”
Now, just six months later, he’s being proven right.
In an eerily ominous note to its clients, the Royal Bank of Scotland has warned its investors of a “cataclysmic year.” In the note, the RBS said:
“Sell everything except high quality bonds. This is about return of capital, not return on capital. In a crowded hall, exit doors are small.”
The Rest…HERE
