The Phaserl


Financial Chaos, Disappearing Freedom & Hyperinflation

from KingWorldNews:

If I look around the world we see that freedom and democracy are disappearing fast in most countries. If you add to that a world financial system which is rotten at its core, and therefore unlikely to survive in its present form, it means that life will look very different for most people in coming years.

The current generation can never repay the astronomical debts that have been built up in the last 100 years. There was a time when the world grew in real terms due to hard work and investment in people and in resources.

Today, growth, if any, only comes from printed money which means it isn’t real growth. And as growth not only comes to a halt, but goes negative, which by the way is the case for many countries already, then the world economy will decline at a much faster rate, putting massive pressure on the financial system.

Egon von Greyerz continues @

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