This Financial Collapse is Truly Devastating but What is Coming Will Be Even Worse, Plus Gold May Be Set to Surprise Once Again

from King World News

This financial collapse is truly devastating but what is coming will be even worse, plus gold may be set to surprise once again.

Financial Devastation: What Is Coming Will Be Even Worse

Daniele DiMartino Booth: The current crisis requires more of a response than opening the liquidity floodgates. The Fed will be tested as never before expressly because its overextension of liquidity to the corporate sector has created armies of zombie firms whose business models are so weak and cash flows so low that they can’t survive what’s to come for the US economy.

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