KWN weekly – April 21, 2014
Greyerz: “Eric, this is a good time for contemplation. As we have discussed many times, the risks in the world are greater than ever today. So I decided to look up a couple of definitions of the word ‘risk.’ The first one is: Risk is a situation involving exposure to danger. The second is: Risk is the possibility that something unpleasant or unwelcome will happen.
And in my view this is exactly where the world is today….