Disastrous Error Has Increased The Risk Of A Major Collapse
KingWorldNews.com
September 27, 2013
In the aftermath of some chaotic trading this past week in global markets, today Canadian legend John Ing warned that a disastrous error has dramatically increased the risk of a major collapse. Ing, who has been in the business for 43 years, also discussed the ongoing war in gold and what King World News readers around the world should expect in the future. Below is what the 43 year veteran had to say in part II of his powerful piece.
By John Ing
September 27 (King World News) – “A Catastrophic Error Has Dramatically Increased The Risk Of Collapse”
Botching the Exit
The Fed’s blinking on tapering was due to their concern over the uptick in interest rates following Mr. Bernanke’s musings in June. While the markets soared on his back-peddling, there are reasons to worry. The economy is still weak despite trillions of stimuli. Today, even the Fed is addicted to low interest rates. And coming soon are the negotiations between the White House and Congress which could trigger a Federal shutdown next month. Ironically, none of this is going to give the economy a boost.
We believe that America botched the “exit” partly because nobody has tried it on this scale before….
The Rest…HERE
