Massive Contagion Will Lead To A Worldwide Financial Catastrophe – Will A Desperate U.S. Start World War III?

• Massive Contagion Will Lead To A Worldwide Financial Catastrophe – Will A Desperate U.S. Start World War III?
  by www.kingworldnews.com
  As the world nervously waits to see what chaos will unfold on the heels of the historic Greek vote to reject more European austerity, the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events warned King World News that we will see massive contagion that will lead to a worldwide financial catastrophe.
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  Egon von Greyerz:  “We are facing colossal problems in the world today.  The U.S. is bankrupt, with debts having increased each year since the early 1960s.  And in this century debts have gone up exponentially….
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  Expect Massive Contagion That Will Lead To A Worldwide Financial Catastrophe
  So we are talking about a worldwide problem, not just a Greek problem.  The majority of the $100 trillion bond market is worthless, and of course a ticking time-bomb of over $1 quadrillion worth of derivatives is linked to that.  This means that, sadly, we are heading into a major contagion that will lead to financial catastrophe for the world.  This will also lead to an implosion of all bubble assets across the globe.  So to own physical gold and silver are absolutely essential to ensure against the coming wealth destruction.”
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