KWN weekly – Dec 12, 2014
Greyer: “Eric, we have a world of record low or even negative interest rates and of record debts. This combination of high debts and low interest rates breaks every economic law that exists. We must not believe that this situation will be allowed to last for another 5 years because we will see interest rates at 20 percent in most countries. Higher inflation or even hyperinflation will lead to higher interest rates. At some point asset values will implode and the risk of lending money will then go exponential because lenders will want to be paid for that risk….
- Zero/Negative interest Rates
- 5 Trillion risk in Shale schemes
- the 2002 $10,000 for Gold holds