from King World News
On the heels of wild start to the 2016 trading year, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, warned that the coming crisis will be totally devastating for the world economy and humanity.
Egon von Greyerz: “Most of us believe that the era we live in is totally normal. This is the case whether you live in a war zone or in “Shangri-La.” It is the same with the economy. Everybody in the West today believes that stocks always go up and that property values grow to the sky and that government bonds are the safest investment you can own. These strong markets have been the norm for the average investor for the last 100 years. Everything they touch has gone up and any down move is only a correction…