Egon von Greyerz told King World News that the Fed may increase QE a shocking ten times in coming years.
1. Federal debt of $220 trillion
2. The accounting deficit including unfunded liabilities totals $6 trillion
3. Student loans top 1T with 25% defaulting
4. 125million people in the US on benefit or foodstamp progam
5. Danger of unrest due to rapidly widening gap between ‘rich’ and ‘poor’.