Today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events warned King World News that Greece is the model for a catastrophe that is about to engulf the entire world. He also discussed the $113 trillion problem.
Egon von Greyerz: “Eric, Greece is a country that is an example of not just the problems in the EU and the eurozone but also the problems in the world. Since 2006 Greek debt is up by 50 percent to 320 billion euros. During the same time, Greek GDP has fallen by over 20 percent….
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