Sunday, October 23, 2016

Jean-Marie Eveillard Oversees $90 Billion Warns This Might End Badly And There Is A Possibility Of ‘Extreme Outcomes’

"One of the legends in the business, 50-year veteran Jean-Marie Eveillard, warned King World News that the grand central bank experiment might end badly and there is a possibility of “extreme outcomes.”
Eric King:  “There’s talk now of helicoptering in trillions of dollars.  Looking at the bigger picture for the West, you are a student of Austrian economics and you’ve said all along that we can’t print our way into prosperity or create more debt to get rid of the debt problem we have.  And when you look at this so-called solution of helicoptering in trillions of dollars, that’s not going to solve anything.  That’s just going to take this nightmare and make it worse.”
Jean-Marie Eveillard:  “It (the behavior of central bankers) is mindless and I think there will be unintended consequences.  I suspect that it might end badly, and we have to worry about the long-term.  I want to be careful here because I’m so old that I’ve been in this business one way or the other for a little more than half a century…"

at http://kingworldnews.com/jean-marie-eveillard-oversees-90-billion-i-suspect-this-might-end-badly/

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