Greyerz Issues Warning About War, Market Turmoil, Shocks And Exchange Controls

Sunday, August 20, 2017
By Paul Martin
August 20, 2017

Today the man who has become legendary for his predictions on QE, historic moves in currencies, just issued a warning to King World News about war, market turmoil, shocks and exchange controls.

“America is now a dangerous nation.” — Gideon Rachman, Financial Times

War, Market Turmoil, Shocks & Exchange Controls
Egon von Greyerz: “As I stated in my KWN interview last week, the risk of a major war is now very high. The dilemma is that this is just one of many problems with potentially catastrophic consequences the world is currently facing. Looking at total global risk, the current situation is probably graver than anything the world has faced in history. We are not just looking at the risk of a nuclear war between the US and North Korea. Instead, we are looking at a war that easily could lead to a world war involving initially China and Russia, but later on many more nations. It would also feature economic, financial and political risk of unprecedented severity…

Egon von Greyerz continues: “Ordinary people are very fortunate that they are never exposed to the real problems in the world. Between Facebook, Instagram, YouTube, and some game shows on television, they are blissfully ignorant of the very precarious position of the world. Luckily for most people, television news and newspapers report very little that touches on anything but local news or the latest divorce or affair by their favorite artist. Virtually no journalist today is capable of doing any analysis or objective reporting. They just report what they are being fed by government or a handful of media organizations that dominate the world.

The Rest…HERE

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