Greyerz – US Dollar Will Cease To Exist As The World Will See Terrifying Hyperinflation Followed By Deflationary Depression

Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that the US dollar will cease to exist as the world will see terrifying hyperinflation followed by a deflationary depression.

THERE IS GONNA BE A NEW WORLD ORDER
April 3 (King World News) – Egon von Greyerz, founder and Managing Partner at Matterhorn Asset Management (based in Switzerland):  “There is gonna be a new world order out there and we’ve gotta lead it! And we gotta unite the rest of the world in doing it!” That is what Biden proclaimed in a recent speech.

But since Biden has a tendency to get his speeches wrong, what he meant to say was:

“There is gonna be a new world DIS-order out there and we’ve gotta lead it!”

Sadly, as the world has heard in many speeches by the US president, he hasn’t got a clue that his “empire” is collapsing around him.

But regrettably for Biden, the US isn’t an empire at all but a bankrupt nation without leadership. But even worse, the US has just in a final act of desperation not just shot itself in the foot but in the head. 

CONSEQUENCES
Very few, if any, of today’s world leaders understand the consequences of their actions and clearly not Biden. 

As the world is experiencing at the end of an economic era, we are getting the leaders that we deserve and thus the appropriate ones to take the world to Armageddon. 

So the world is now entering the final battle, a battle with totally incompetent heads of state which will lead to everyone losing…

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Listen to the greatest Egon von Greyerz audio interview ever
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The route to Armageddon will be disastrous for the world. Distressed leaders will take calamitous actions, exacerbating not only their own country’s problem but also the rest of the world’s. 

And that is exactly what we are seeing now with the worst possible concoction of debt deficits, currency debasement and decadence. The consequences were of course always predictable based on history. But no leader in the current era is a real student of history. And that is why the world is in such a mess. 

HYPERINFLATION FOLLOWED BY A DEFLATIONARY DEPRESSION
I have in many articles outlined the course of events that I see from here – inflation, hyperinflation, debt collapse, asset collapse, leading to economic misery and eventually to a deflationary depression. “All hell will break loose for humanity” as I wrote in a recent article. 

There will be continued migration but probably to a lesser extent since there will be no promised lands which will offer the migrants a better life. There will be isolationism and many countries will try to close their borders. 

Sadly there will also be wars, cyber, civil and even major military wars. Mankind has never for any longer period stayed away from wars and especially not in periods of economic depression and high debts. Wars are such a wonderful excuse for poor leaders both to print more money and as a blame for the misery that the people suffer. 

Western dominated media and propaganda are naturally blaming Putin for the war. And many leaders including Biden want him gone. 

WARS HAVE BUILT THE WORLD
Wars are of course terrible whoever starts them but as I just said, the history of the world is very much based on wars and empire building whether we talk about Persian, Roman, Han, Mongol, Ottoman, Spanish, Russian, or British empires. ……more here

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