Pento – What Will Cause Markets To Crash & Will It Happen?
February 24, 2013
Today Michael Pento writes for King World News to explain exactly what will cause global markets to crash, and also to answer whether it will in fact happen or not. Below is Pento’s tremendous piece:
“I’ve said since the beginning of 2009 that any future ‘recovery’ experienced by the markets and the economy would be derived through massive government spending and Federal Reserve debt monetization. Therefore, the logical conclusion must be that when or if fiscal and monetary austerity is eventually adopted, the economy and markets would crash….