Greyerz Just Made These Terrifying Predictions For The World Heading Into 2023

Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals shared with King World News his terrifying predictions for the world as we head into 2023.

Each week Egon von Greyerz articles are published first on King World News

November 27 (King World News) – Egon von Greyerz, Managing Partner at Matterhorn Asset Management:  With US and Global debt exploding prior to both assets and debt imploding, let us look at the disastrous consequences for the world. 

Debt explosion leading to the currency becoming worthless has happened in history for as long as there has been some form of money whether we talk about 3rd century Rome, 18th century France or 20th century Weimar Republic and many many more. 

The current monetary era started with the foundation of the Fed in 1913 and the acceleration of debt and currency debasement since 1971 when Nixon closed the gold window. With just over 100 years into this era, it is now approaching the end, like they all do.

Global currencies are already down 97-99% since 1971 and we can now expect the final 1-3% decline for all money to become virtually worthless. This is of course nothing new in history since every single currency has always gone to ZERO. We must of course remember that the final 1-3% move means a 100% fall from today. The final collapse is always the quickest so it could easily happen in the next 2-5 years…more here

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