- Nomi Prins Just Issued A Dire Warning About What Is Going To Trigger Total Global Collapse
Today Nomi Prins, who last year addressed the Federal Reserve, IMF and World Bank, just issued a dire warning about what is going to trigger total global collapse.
Nomi Prins: “We (already) have inflation. Will the bond market deflate? It absolutely will deflate when these policies run out of steam or get taken off the table. And that is why central banks keep coordinating and are so afraid to go back on what they started in 2008…
Nomi Prins continues: “If any of these policies were to have been working for real economic growth, they wouldn’t need to have gone on for this many years, which means they actually have only existed in order to help inflate assets in the financial system and to create liquidity that would have otherwise not been there for these assets.
Eric King: “As that unfolds, is that the beginning of the end (of the current global financial system)?”
Nomi Prins: “It is. It will be a transition to the destruction of this fabricated money framework. The only game in town has been fabricated money — this external supply of stimulation that is unprecedented in history.