Man Who Predicted No Tapering Now Says 50% Increase In QE !

• Man Who Predicted No Tapering Now Says 50% Increase In QE! 
  by www.kingworldnews.com
  On the heels of global stock markets remaining on a tear, today the 42-year market veteran who correctly predicted that the Fed would not taper has just warned King World News to expect a staggering 50% increase in QE as the West tries desperately to avoid an economic collapse.  Below is what Egon von Greyerz, who is founder of Matterhorn Asset Management out of Switzerland, had to say in this extraordinary interview.
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  So the ECB will print more money and the eurozone countries will take on even more debt which they can never repay.  Eric, we know, and the ECB knows, that with deflation Europe will collapse under the weight of its own debt.  But the Fed, the ECB, and the IMF will not allow this to happen.  This is why there will have to be major QE packages that will probably start in 2014.
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  Of course the Fed knows, and Yellen knows, that there is no chance of stopping QE.  Stock markets would collapse.  Bond markets would collapse, and so would the whole economy.  The Chicago Fed President Evans just confirmed that QE could be $1.5 trillion next year.  In my view QE will be a lot higher thereafter.  I believe that in January and February there will be no real solution to the US debt limit, and this will trigger dollar selling and bond markets falling.
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