With continued uncertainty around the globe, today the man who has become legendary for his predictions on QE, historic moves in currencies, told King World News that this danger signal has increased 167-times.

Egon von Greyerz:  “Back in 1950, total U.S. debt was $400 billion.  Today total U.S. debt is $67 trillion.  That’s up 167-times since 1950.  GDP was $290 billion in 1950 and now it’s $17 trillion.  So GDP is up around 58-times.  That means U.S. debt has gone up 3-times as fast as GDP.  This U.S. economy, like the world economy, is not growing in real terms.  …….more here