Greyerz: The World Monetary System Is About To Collapse

• Greyerz: The World Monetary System Is About To Collapse
  by https://kingworldnews.com/
  … July 5 (King World News) – Egon von Greyerz:  As the world economy desperately tries to navigate to a safe harbour, is it going be pulled down by the six-headed monster Scylla or the Charybdis whirlpool (Homer’s Odyssey). It seems likely that Scylla is now starting to swallow parts the world before Charybdis will finish it off… A world severely weakened by debt and mismanagement is unlikely to have the strength of Odysseus to pass both obstacles without disastrous consequences.
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  HISTORICAL WEALTH DESTRUCTION ABOUT TO START
  • The global monetary system is about to collapse and with that the world economy
  • After 50 years of mismanagement and excesses, the world is now in intensive care
  • Trillions of printed dollars created illusion of all being well on the Western Front 
  • MMT – Modern Monetary Theory supports the ludicrous printing actions 
  • But MMT is Money Making Tomfoolery
  • Tens of millions are furloughed or lost their jobs – no problem just print more
  • Your company is going bust –  print some more
  • Leisure industry is collapsing – just print more
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