IPFS News Link • Depression
IPFS News Link • Depression
Is the world on the verge of another massive global financial collapse? Yes. The western world is drowning in an ocean of debt unlike anything
the world has ever seen before, and our financial markets are gigantic
casinos that are dependent on huge mountains of risk and leverage
remaining very stable. In the end, this house of cards that has been
built on a foundation of sand is going to come crashing down in a
horrifying manner. Usually in this column I go on and on about why
things will soon get much worse. But today I am going to take a bit of a
break.
Today, I am going to let some of the top financial
professionals in the world tell you why things will soon get much
worse. Many of the quotes that you are about to read just might make
the hair on the back of your neck stand up. Most people out there have
no idea what is about to happen. Most people out there are working hard
and are busy preparing for the holidays and they are hopeful that the
economy will turn around soon. But that is not going to happen. We are
heading for another major global financial collapse, and when it
happens the U.S. economy is going to get even worse.