"Today
Egon von Greyerz warned King World News that the Western world is now fully
engaged in a perpetual motion Ponzi scheme and a collapse is coming. Greyerz,
who is founder of Matterhorn Asset Management, also said that propaganda will
not save the West from what is coming. Here is what Greyerz had to say in this
remarkable and exclusive interview: “Eric, the world is
broke, and more and more individuals are broke or going broke. The reality now
is that most individuals are one paycheck away from going under. These same
people are also loaded with debt in many case. Students are also broke and they
have massive loans but no jobs.”
at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/2/28_Western_Worlds_Perpetual_Motion_Ponzi_Scheme_To_Collapse.html
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