from King World News
Today
billionaire Eric Sprott told King World News the reason why a massive
panic is coming and what investors can do to protect themselves. Sprott
also spoke about the non-stop financial chaos central planners are
faced with “24/7.” This is the second of three written interviews with
Sprott that will be released today. Below is what Sprott, who is
Chairman of Sprott Asset Management, had to say in part II of this
remarkable series of interviews.
Sprott: “What has me worried is we are in a financial system where
the banking system is massively over-levered, where governments are
massively over-levered, where entitlements cannot be paid, and so from
an economic approach we all know that somewhere in the next 5 to 10
years it’s going to be a disaster.
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