ALERT: One Shock After Another Will Create The Biggest Collapse Ever In World Financial Markets In 2017
KingWorldNews.com
January 08, 2017
As we kickoff the second week of trading in the new year, today the man who has become legendary for his predictions on QE, historic moves in currencies, warned King World News that one shock after another will create the biggest collapse ever in world financial markets in 2017.
Terrifying Worldwide Panic In 2017
Egon von Greyerz: “We are only a week into 2017 but some longer-term trend changes are developing. It is interesting how a new year, combined with a new U.S. president act as a catalyst for what will be the start of monumental events in the world economy. Not that many of these will come as a surprise to the well-informed KWN audience, but for the rest of the world there will be one shock after the next that will create terrifying panic…
Egon von Greyerz continues: “It seems that we are now seeing the beginning of reversals in many markets. Some of these new trends will take longer to develop and some could happen surprisingly quickly. Most major markets will be affected, namely bond & credit markets, currencies, stocks, metals, precious metals mining stocks and property.
Let’s first look at the biggest bubble of all bubbles in history – the global bond market.
This is a market which has virtually exploded from $10 trillion in 1990 to $100 trillion today. And if we look at the debt expansion in the last 10 years since the Great Financial Crisis started in 2006, the global bond market has gone up by 70%.
The Rest…HERE
