This Will Cause Panic, Break Down & Then Complete Chaos
February 20, 2014
Today one of the top economists in the world spoke with King World News about what is going to cause panic, break down & then complete chaos. He also warned that the global economy is already beginning to implode and that the implosion will only intensify as we move further into 2014. This is an incredibly powerful interview where Michael Pento, founder of Pento Portfolio Strategies, also reveals what will cause the Fed to become so terrified that they are forced to reverse course and actually begin to increase QE once again.
Eric King: “Here we are after QE was initiated many years ago, and we have a pumped-up stock market and bond market, and yet the economy has essentially gone nowhere — it’s still struggling with real unemployment of about 23%. Where are we headed from here?”
Pento: “Well, first of all, I find it coincidental that the only two things up 30% last year were the S&P 500 and the size of the Fed’s balance sheet….