Greyerz – We Have Just Seen A Huge Warning That A Global Collapse Is About To Unfold
KingWorldNews.com
December 16, 2018
As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies just warned King World News that we have just seen a huge warning that a global collapse is about to unfold.
Unprecedented Risks And The Wisdom Of Plato
December 16 (King World News) – Egon von Greyerz: “As we approach the beginning of the biggest wealth destruction in history, it is timely to turn to the wisdom of one of the great philosophers. Plato (428-348 BC) stated:
“The greatest wealth is to live content with little.”
And that is the lesson that most people in the world will need to learn the hard way in coming years. We are now at the end of an era which has created unreal wealth for a few and massive debt for most of the world. As all the bubble markets in stocks, bonds, property and other financial assets implode, together with the debt that has fueled it all, 100s of trillions of dollars will just vanish and never return. The consequences will be both shocking and devastating for most people…
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