Von Greyerz: Currency Collapse, Hyperinflation & Social Unrest !
- It is becoming painfully obvious what is about to happen in 2012, excerpts:
Von Greyerz – Currency Collapse, Hyperinflation & Social Unrest !
“It was very clear to me, .. well before 2002, that this was going to end badly. There was no chance the world would survive with the banking system intact or even the financial system intact. …
There were two alternatives, a deflationary collapse, which would mean that no bank would survive and that would be very good for gold. The more likely scenario, … is we would have hyperinflation because governments need to print unlimited amounts of money. … that’s why we told clients this is the only way to protect your assets, by putting up to 50% of your assets into gold and to store it outside the banking system … everything else is paper which will decline dramatically against gold. …
We have an unprecedented situation in the world. There has never been, in world history, a situation where all major sovereign countries are bankrupt. And, in addition, the whole financial system is bankrupt. ….
What will happen is speculators will go after one currency at a time. So currencies will become worthless and this is what will create hyperinflation..”
… for the entire article click here!
December 15, 2011 - Posted by mosesman | Economics, Social Trends | Bankruptcy, Collapse, Currency, Devaluation, Eurozone, FederalReserve, Gold, GreatDepression, Hyper-inflation, Meltdown, Silver, Unrest, US
Sorry, the comment form is closed at this time.
Societal and economics observer and commentator with an endtimes, future history perspective, in a satirical way. Follow me at Twitter: socioecohistory
- Training Drills Expand As DHS Fortifies Ammo Stockpile!
- Stephen Lendman: US Conducting Provocative Exercises Close to Russia!
- Israel-Saudi Arabia Feel a Bit Betrayed as US-Iran Pair Move Forward!
- Countries Around The World Are Now Dumping The Petrodollar!
- Israeli Supreme Court Oks Confiscation of Palestinian Homes in Al-Quds / Jerusalem!
- Russian Cmdr.: NATO Missile Facilities in East Europe Russian Targets!
- Ron Paul: US Congress Seeks to Blow Up Iran Nuclear Deal !
- Israeli Arabs Protest as 25,000 Homes Face Demolition by Israel !
- US Paratroopers Arrive in Ukraine as Fighting Intensifies in Donbass!
- Dow Dumps 400 Points, Gives Up All Post-Payrolls Gains!
- “A Corporate Trojan Horse”: Critics Decry Secretive TPP Trade Deal as a Threat to Democracy!
- TPP (+TTIP): Global Govt Treaty Coming in Days!
- A US-Russia War Over Ukraine?
- HRW: Palestinian Children Pass Out, Vomit, from Farming with Illegal Pesticides on Israeli Settlements!
- IV Vitamin C Therapy: A Cancer Perspective!
- Former Diplomat: We Let Terrorists Into This Country All The Time!
- DHS To Purchase 64 Million AR-15 Rounds!
- US Secretly Imports Refugees Who Could Be ISIS (aka CIA Supported Jihadists)!
- Noam Chomsky: US Has Long History of ‘Information Weaponization,’ Yet Still Criticizes Russia!
- The Debate: Saudi Invasion of Yemen!
9/11 Africa Apartheid Bailout Bankruptcy Bible China CIA Collapse corruption Crime Currency depopulation Devaluation ethnic_cleansing EU Europe Eurozone Fascism FederalReserve Flu_Pandemic France Fraud Gaza genocide Germany Global_Warming Gold GreatDepression Greece Hyper-inflation Illuminati Iran Iraq Israel Japan Libya Martial_Law Meltdown MIC Middle_East MSM NATO Nazi Nephilim New_World_Order nuclear Obama Occult oil Palestine Police_State propaganda Psyop Riots Russia Satan Saudi_Arabia Silver stock_Market Syria Terrorism Treasury Turkey UFO UK Ukraine UN Unemployment Unrest US Vaccine War weather Zionism
- The History of the Illuminati ! The 13 Satanic Bloodlines!
- CERN LHC, Satanic Rituals, Inter-Dimensional Gateway, StarGate/Portals, Mayan 21 Dec 2012 End of Age, Biblical Prophecies, Opening of Bottomless Pit ....
- Current Membership List of The Illuminati "Committee of 300"!
- Jewish Estimate Sees Number of Holocaust Dead Drop To 2.8 Million!
- Iran Enters Hornets Nest: Parks Two Warships Off Yemen Coast Immediately Next To Two US Aircraft Carriers!
- Senator John McCain’s Whoops Moment: Photographed Chilling With ISIS Chief Al-Baghdadi And Terrorist Muahmmad Noor!
- Is the Star of David a Jewish or Biblical Symbol? Or An Occult Satanic Symbol?