from King World News
Today the man who predicted the global collapse just warned it’s going to get really scary before this is over.
It’s Going To Get Really Scary Before This Is Over
May 3 (King World News) – Egon von Greyerz out of Switzerland: As the world economy implodes, very few investors realise what will hit them. The dip buyers of stocks don’t understand that it really is different this time as the world is now facing the biggest destruction of wealth in history. Stocks, bonds and property are likely to decline by at least 95% in real terms in the next few years. With both sovereign and private defaults, many bonds will go to zero and interest rates to infinity.