World Going into Decline
USA Watchdog’s Greg Hunter interview
with Egon von Greyerz
In this interview with Greg Hunter, Egon von Greyerz shares his views on the global economy in the wake of the recent terror attacks in Brussels, Belgium, its effects on an already fragile financial system and why this system cannot survive in its current form.
He also talks about the recent stock market run up, bond and other bubble markets and why the FED and other central banks will ultimately lose control of interest rates.
Egon von Greyerz: “This is obviously a very sad day for our friends in Belgium, but at the same time, we know this is just the beginning, not only in Europe, but with the whole world. We are going to see a much more insecure world. It is worldwide. We know that the refugee problem has included a number of potential terrorists.(…)The problems that will be in the West were created by the U.S. and Europe. The problems that were created in the Middle East and North Africa will lead to more of this. There is anarchy in Libya. There is anarchy in Iraq, and the West has created this. So, they are paying us back, and I don’t think this is finished. We will see a less secure world, and it is not just Europe. The U.S. will see similar problems.”…