Gregory Mannarino: Central Bank Debt Bubble Will Wipe Out Large Portion Of Global Population
[youtube=https://www.youtube.com/watch?v=j3KWSEV2bu0]
- ANALYST: “MILLIONS UPON MILLIONS OF PEOPLE ARE GOING TO DIE ON A WORLD-WIDE SCALE WHEN THE DEBT BUBBLE BURSTS”
by MAY 14, 2015
It can be difficult to understand the repercussions that would follow a collapse of the global economy, stocks and debt markets.
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It can be difficult to understand the repercussions that would follow a collapse of the global economy, stocks and debt markets. While we know a serious financial event is coming, determining how it will impact our lives and preparing an appropriate strategic plan to mitigate the fallout can be a confusing and stressful undertaking.
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The questions being asked by concerned Americans are plenty, but the answers are not so easy to come by. Should I keep money in my retirement accounts? What publicly traded companies are recession-proof? Will gold and silver really be of value if the whole system comes crashing down? Should I have some cash? How much food should I stockpile if the regular flow of commerce is affected? Will there be riots in my city?
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In the following interview with X22 Report Spotlight, well known analyst and contrarian thinker Greg Mannarino of Traders Choice succinctly explains the challenges we face as individuals and as a nation. He doesn’t mince words and goes straight to the heart of the problem: out of control debt.
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As Mannarino explains it, we are facing an event so serious that it will directly impact just about every person on earth. But before we can prepare for it, we need to understand what it is that’s going to happen and what a worst-case scenario may look like:
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