Former Morgan Stanley Chief Asia Economist: “Don’t Listen To The Ruling Elite, The World Economy Is In Real Trouble”…”Protectionism may suddenly jump-start inflation that will quickly become hyperinflation, which would certainly lead to violent revolutions.”
by Tyler Durden
ZeroHedge.com
05/28/2016
“Don’t listen to the ruling elite,” warns former Morgan Stanley Asian Economist, Andy Xie, “the world economy is on the cusp of a prolonged period of stagnation and instability.” Xie points out that the ruling elite is blaming it on people seeing things (skeptic and fiction peddlers), and that “their strategy is to change people’s psychology.” Unfortunately for them he concludes, “the world is catching fire and that fire will eventually reach their Davos chalets.”
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