Danger Is Imminent: According To Numerous High-Level Insiders, We’re In A Dangerous Global Currency War. Insiders Are Now Aggressively Bearish, And Selling Stocks — At An Alarming Pace!!
February 6th, 2013
Beggar-Thy-Neighbor Currency Devaluations Proved Ruinous For The Global Economy In The 1930s, But The World Is Setting Off Down The Same Slippery Slope Again
The Global Currency War Is Escalating
According to numerous high-level insiders, we’re in a dangerous global currency war:
Current Bundesbank president Jens Weidmann
St. Louis Federal Reserve President James Bullard
Outgoing Bank of England chief Mervyn King
Russian Central Banker Alexei Ulyakeyev
European Central Bank board member Benoit Coeure
Reserve Bank of Australia Governor Glenn Stevens
Brazil’s finance minister Guido Mantega
Billionaire investor George Soros
Chinese central bankers and state-run media
The former president of the Bundesbank – and now UBS chairman – Axel Weber
Actually, we’ve been in a global currency war for years.
As the Wall Street Journal asked in 2010:
Beggar-thy-neighbor currency devaluations proved ruinous for the global economy in the 1930s. Is the world setting off down the same slippery slope again?
Yes, we are.