Biggest market crash in HISTORY is coming as HUGE debt bubble bursts, top investor warns
NOW is the most dangerous time EVER to be an investor, as a giant bubble could be about to pop and derail the world’s financial system, a financial expert has warned.
By LANA CLEMENTS
Express.co.uk
Mon, Sep 19, 2016
Since the financial crisis market bubbles have been created by the world’s central banks, which have flooded markets with money in the hope of stimulating an economic recovery, according to Michael Pento, president of Pento Portfolio Strategies (PPS).
But now this bubble is set to burst, which will mean the total collapse of financial markets across the world, the wall street expert warned.
The predicted crash is set to be so severe that there will not be a single asset that is safe, with even the value of diamonds and sports cars completely decimated, according to Mr Pento.
He said the current financial conditions are “the most dangerous markets i have ever witnessed in my entire life – and i’ve been investing for over 25 years… The membrane has been stretched so wide and so tight that its about to burst.”
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