Greyerz – The World Has Now Entered The First Of Four Major Phases Of Chaos And Financial Destruction

The man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that the world has now entered the first of four major phases of chaos and financial destruction.

Each week Egon von Greyerz articles are published first on KWN

December 19 (King World News) – Egon von Greyerz, founder of Matterhorn Asset Management (based in Switzerland):  One of the most horrifying works of art is Bruegel’s “The Triumph of Death” painted in 1562. The painting depicts the end of life on earth.

I sincerely hope that this is not what the world will literally look like in the next decade or two but metaphorically this is not an unlikely depiction of the chaos that could hit us all. For a detailed description of the grim painting see https://en.wikipedia.org/wiki/The_Triumph_of_Death

The Black Death plague in the 14th century which killed up to half of the world’s  population clearly had a major influence on the painter.. 

The moral message is that when chaos hits, the destruction will affect everyone, rich and poor, young and old.  No one will escape by power or devotion.

The financial, economic and moral devastation which is about to hit the world will for more than 99.5% of the people will come out of the blue like a flash from a clear sky. 

For most people the coming events will thus be like the definition of the word CHAOS: “A state of total confusion and disorder”…

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CHAOS NUMBER 1: COVID
Talking about disorder, just like the Black Death that inspired Bruegel’s painting, the world is now facing a global pandemic. But rather than the nearer 50% of global population that perished in the mid 1300s, today we are looking at total deaths from the current pandemic of 0.06% of the world population! And even that figure might be overestimated due to the classification rules applied. 

For that minuscule percentage the world has now been paralysed for the third year. 

There are lockdowns, quarantines, compulsory vaccines, covid passports, closed schools, closed offices, major industries like leisure hemorrhaging, airlines going bankrupt, shortages of labour, components, products, closed borders, and for the few people who dare to and can travel across borders, more bureaucracy, paperwork and tests than in a police state. At the same time money printing and credit creation have gone exponential. 

The politicians obviously blame the scientists for all the rules that they force upon the people.

It is interesting that with almost 200 countries in the world, each country has different rules for how to deal with covid. If all these rules were based on science, you would have thought that the rules would have been the same for all 200 countries. 

Or could it be as many observers believe that the politicians use the pandemic to their own advantage. 

Or is it more likely that neither the scientists nor the politicians have got a clue how to deal with a disease that creates hardly any deaths in excess of normal deaths?

In Sweden for example, there has been no lockdown, no quarantine, no closed shops, no mask requirement and industry has operated normally. Covid cases and deaths are at the lower range of the European average. Hmmm – so much for all these punishing rules in most countries.…..more here

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