Stockman – Unprecedented Global Financial Wipeout Is Coming

Saturday, August 30, 2014
By Paul Martin

KingWorldNews.com
August 30, 2014

Today David Stockman warned King World News that investors need to brace themselves for an unprecedented and historic global financial wipeout. KWN takes Stockman’s warnings very seriously because he is the man former President Reagan called on in 1981, during that crisis, to become Director of the Office of Management and Budget and help save the United States from collapse. Below is what Stockman, author of the website contracorner, had to say in his powerful interview.

Stockman: “There is going to be a massive repricing in the financial markets. As I’ve indicated, everything is overvalued, from stocks, to real estate, to big-cap companies, to speculative small-cap companies, and derivatives of every kind. They are all correlated in the bubble expansion and they are all going to be correlated in the big repricing that’s coming….

The Rest…HERE

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