ALERT: Legend Just Warned That All Hell Is About To Break Loose
KingWorldNews.com
April 17, 2016
As we move into the beginning of the second quarter after a wild start to the 2016 trading year, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, just warned that all hell is about to break loose.
Egon von Greyerz: “The global economy turned down in earnest in 2006, but with a massive worldwide printing and lending program, the world has had a temporary stay of execution. But the effect of this fabricated money has now come to an end…
Egon von Greyerz continues: “And what else did central planners expect? To print money that has no value or to lend money that doesn’t exist can never create wealth or save anybody. The downturn will soon start to accelerate and eventually lead to a total failure of the financial system and sovereign defaults.
But no one should believe that there will be a sudden implosion or a “reset” that solves or changes everything. Instead, what we will experience is a process with things deteriorating at a fast pace but without one single event that changes everything overnight.
The Rest…HERE
