All Hell Is About To Break Loose
King World News with Egon von Greyerz
In this week’s interview Egon von Greyerz explains why the global financial system is failing – a process that is happening in front of our eyes right now.
He points out various stresses within the European banking system such as the explosion of the ECB balance sheet and the recent case of a bail-in in Austria. Egon further talks about the US and a major QE programme that in his view is soon to begin. Also, why did the FED and the FDIC issue a warning to US banks?
Last but not least Egon discusses a major US problem which is the Treasury market and its interdependencies with Saudi Arabia, Japan or China.
Egon von Greyerz
Founder and Managing Partner
Matterhorn Asset Management AG