World will never be able to cope with leverage of bond implosion
Greg Hunter’s video interview with Egon von Greyerz in Zurich
May 12 – 2015 (24 minutes)
Egon von Greyerz: “Forget about making money in today’s global economy. The primary objective should be protection and wealth preservation. “It’s all about risk . . . what you are looking at now is a world where risk is unprecedented. We have bubble land. We have bubbles in stock markets, bubbles in bond markets, bubbles in assets markets, such as the art market, for example. On top of that, we have a banking system…..