Greyerz – The Greatest Bubble In History Is Beginning To Implode
KingWorldNews.com
March 17, 2017
With continued uncertainty around the globe, today the man who has become legendary for his predictions on QE, historic moves in currencies, told King World News that the greatest bubble in history is beginning to implode.
Things Are Finally Beginning To Implode
Egon von Greyerz: “So the Fed decision is finally out. The rate increase was a certainty. But the problem is that no one believes the Fed, not even the Fed itself…
It is obvious that there can be zero confidence in the Fed because they haven’t got a clue. All the Fed is doing is reacting to events. But they are like a big dinosaur. If they are bitten in the tail it takes ages before it reaches the brain. Therefore they are always behind the curve.
And how can you have confidence in the Fed when the Chairman says that the data is “noisy.” This means that they don’t understand their own data, and even less so what to do about it.
The Rest…HERE
