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Old 12-07-2019, 09:00 PM
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Default Egon von Greyerz interviewed by Lynette Zang

"A Crazy World! We have the biggest bubble ever in history and it will all end in tears." This is how Egon starts the interview with Lynette. Egon goes on to discuss that we we will soon begin a most spectacular secular bear market in stocks and bonds. Central banks will panic as they fail with their rescue attempt of the financial system. They can never save a world infested with debt of $250 trillion. In addition, the real derivatives amount outstanding is at least $1.5 quadrillion and when counterparty fails, the derivative bubble will implode. Read more...

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