by Mac Slavo, SHTFPlan:
With China’s debt now bursting at the seams and the economic outlook in the United States signaling a major recession the governments and central banks of the world are very rapidly running out of options.
So much so that well respected Swiss asset manager Egon von Greyerz of Matterhorn Asset Management warns that they will have no choice but to ramp up monetary printing at an accelerated pace in 2014. Failure to do so will likely seize up the global flow of credit and lead to a massive financial collapse as liquidity gets sucked out of the system.
The problem, of course, is that policy makers have backed themselves into a corner and their only remaining option will likely lead to an even more disastrous outcome; one that will have a direct impact on your long-term financial well being and quality of life.
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