The Catastrophic US Nightmare As 2013 Comes To An End
December 14, 2013
Today one of the top economists in the world laid out precisely how catastrophic the US and global situation is as we head into 2014. This is an incredibly powerful piece where he discusses what this will mean for global markets. Below is what Michael Pento, founder of Pento Portfolio Strategies, exclusive piece for KWN readers.
By Michael Pento of Pento Portfolio Strategies
December 14 (King World News) – The Catastrophic US Nightmare As 2013 Comes To An End
On Monday, October 18th 1987, the Dow Jones Industrial Average lost 508 points (22%). There are many theories as to why the crash occurred, but the simple truth is that the panic stemmed from a sharp rise in interest rates….