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Global Economy On The Verge Of Collapse As It Turns Down In An Already Bankrupt World
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Global Economy On The Verge Of Collapse As It Turns Down In An Already Bankrupt World
Today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events warned King World News that the global economy is on the verge of collapse as it turns down in an already bankrupt world.
October 25 – (King World News) – Egon von Greyerz: “Eric, at the end of last week we again saw the madness of stock market investors in following every word a central banker utters. At the ECB press conference, Draghi indicated that the money printing of the ECB might be increased in December…
In Volatile Markets, Is Wealth Preservation King?
Egon von Greyerz continues: “On cue the DAX (German stock market) jumped over 2 percent and the Dow also spiked. As usual, bad news for the world economy becomes good news for investors in their eternal belief that more money printing creates wealth for the world.
King World News – Global Economy On The Verge Of Collapse As It Turns Down In An Already Bankrupt World
On The Verge Of Collapse
But little do investors realize that the ECB will print more and so will the Fed, not to please the stock market but because the world economy and the financial system are on the verge of collapsing. Liquidity in the banking system is extremely tight and bank lending is decreasing…..More Here
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