Greyerz – We Are Now In The Final Seconds Of The Global Mega-Bubble
KingWorldNews.com
March 10, 2019
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 told King World News that we are now in the final seconds of the global mega-bubble.
Global Eurphoria Coming To A Disastrous End
March 10 (King World News) – Egon von Greyerz: The world financial system has been in a euphoric state since 2009. It seems that the Keynesians, like Krugman or the Modern Money Theorists (MMT), are right after all. All asset markets are near the highs and show little signs of changing direction. As Treasury Secretary, Mellon, said in September 1929:
“There is no cause to worry. The high tide of prosperity will continue.”
All that is required is more of the same medicine — more credit, more money printing — to make a virtuous circle of eternal prosperity.
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