Will the coming bust turn 175 quadrillion dollars into 5 dollars

A global bust will be very destructive

King World News weekly – June 13 , 2015

Egon von Greyerz: “Between 1997 and 2007 Gordon Brown was Chancellor of the Exchequer (Treasury Secretary) in the United Kingdom. When he presented his annual budget in parliament he would brag that through his policies he had abolished the normal cycles of booms and busts. But then in 2007 he had the misfortune to become prime minister just as the great financial crisis started, and his magic of creating a consistent boom suddenly vanished……

About Global risk, bail-ins and gold valuation

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