from Off Grid Survival:
HSBC chief economist Stephen King warned clients this week about the impending demise of the world’s economy. In a letter to HSBC clients King warned, “The world economy is like an ocean liner without lifeboats. If another recession hits, it could be a truly titanic struggle for policymakers.”… “In the event we hit an iceberg, there aren’t enough lifeboats to go round.”
As the race for the White House once again heats up, many of the world’s top economists are warning that we are likely to see a repeat of the economic collapse that happened around the 2008 election cycle. As we noted in an article earlier this year, many economists see the 2016 presidential elections as the iceberg that may sink the ship.
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