Governments create illusions of prosperity

Governments create illusions of prosperity

King World News weekly – June 5 , 2015

Egon von Greyerz: “When the financial bubbles in the world implode, normal people will have no safety net. Many people will not have a job and there will be no Social Security and no pensions. The reason for this is that instead of having the normal process of booms and busts, which is a self-regulating process, governments and central banks have created false cycles and phony markets through financial repression…

About Bubbles, Greece and Global debt

Click here to read the interview

Posted in King World News, All publications.