by Jeff Berwick
We continue to report on important mainstream investors, professional and private, who have warned about an impending, global financial catastrophe. Now, add Japanese Prime Minister Shinzo Abe to that list.
George Soros, Stanley Druckenmiller, and Carl Icahn among others have all made dire statements. They’ve also reconfigured their portfolios and taken positions in gold and silver and shorted the market.
The latest to join this list of doomsayers is Japanese Prime Minister Abe. This past Thursday at the G7 meeting he warned about the upcoming global crisis.
Abe was trying to generate support for global fiscal stimulus, according to reports. He told G7 members that the present times reminded him of the “post-Lehman era” in 2008. Lehman went bankrupt in September of that year and by the end of 2009, stock markets lost as much as half their value.