Risk Of Total Global Collapse Is Greater Today Than Any Time In History
King World News with Egon von Greyerz
In this week’s interview Egon von Greyerz talks about the development of the US economic wonder for the last 100 years, built on entrepreneurial spirit and dominating the world for many decades. He further highlights the beginning of the end of the US empire. How can a country survive with chronic budget and trade deficits and with debts which are increasing exponentially? Egon also discusses the prerequisites that allowed the US to maintain a unique position as well as the consequences for the coming years or decades.
Egon von Greyerz: “The dilemma is that an empire always has the seeds of its own destruction within it…” What is the final act of desperation of an empire in decline, with massive debts?
Egon von Greyerz
Founder and Managing Partner
Matterhorn Asset Management AG