Sunday, August 2, 2015

Man Who Predicted In Televised Debate That Swiss National Bank Would See Staggering Losses Now Warns Fed To Experience Massive Losses As Well

"Today the man who predicted 8 months ago in a televised debate that the Swiss National Bank would experience staggering losses, and has become legendary for his predictions on QE, historic moves in currencies, and major global events, warned King World News that the Fed will also experience massive losses that will destabilize the global financial system!
Egon von Greyerz:  “Eric, Humpty Dumpty, in the guise of Greece, just had another big fall.  And I can guarantee you that all the King’s horses and all the King’s men couldn’t put Greece back together again.  The IMF, an important part of the troika, made clear that they are not backing the attempt to give Greece a few more months of life support…."


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