Ominous Military & Financial Nuclear Threats Could Erupt In 2023
- Ominous Military & Financial Nuclear Threats Could Erupt In 2023
by Egon von Greyerz, https://goldswitzerland.com/
The world is today confronted with two nuclear threats of a proportion never previously seen in history. These threats are facing us at a time when the world economy is about to turn and decline precipitously not just for years but probably decades.
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The obvious nuclear threat is the war between the US and Russia which currently is playing out in Ukraine. The other nuclear threat is the financial weapons of mass destruction in the form of debt and derivatives amounting to probably US$ 2.5 quadrillion. If we are lucky, the geopolitical event can be avoided but I doubt that the explosion/implosion of the Western financial timebomb can be stopped. More about these risks later in the article.
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There is also a summary of my market views for 2023 and onwards at the end of the article.
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CURIOSITY AND RISK
With a business life of over 52 years in banking, commerce and investments, I am fortunate to still learn every day and learning is really the joy of life. But the more you learn, the more you realise how little you really know. Being a constant and curious learner means that life is never dull.
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read more.
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