On the heels of another wild trading week, today a 42-year market veteran warned King World News that the world is now hurtling toward a historic catastrphe. Below is the powerful interview with Egon von Greyerz, who is founder of Matterhorn Asset Management out of Switzerland.
Greyerz: “Eric, the US is cutting down on QE, which is deflationary. But I think the US will come out with additional stimulus this year. If you look at what is going on in Japan, they are doing all they can to inflate, but they are not succeeding….