from King World News
Today
the man who remarkably predicted the collapse of the euro against the
Swiss franc warned King World News that the next global financial
disaster is coming.
Egon von Greyerz: “Eric, the madness of central banks is continuing….
[...] “We’ve discussed in the past that the Fed has no policy and not a clue what to do next. Their latest minutes confirm this. As I have repeatedly said, the Fed only reacts to economic events and they have no proactive policy. This is exactly what they have confirmed in their latest meeting. Any policy reaction or decision is data-driven. And since U.S. data will continue to deteriorate, the Fed will not raise rates this year.
Continue Reading at KingWorldNews.com…
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Today
the man who remarkably predicted the collapse of the euro against the
Swiss franc warned King World News that the next global financial
disaster is coming.Egon von Greyerz: “Eric, the madness of central banks is continuing….
[...] “We’ve discussed in the past that the Fed has no policy and not a clue what to do next. Their latest minutes confirm this. As I have repeatedly said, the Fed only reacts to economic events and they have no proactive policy. This is exactly what they have confirmed in their latest meeting. Any policy reaction or decision is data-driven. And since U.S. data will continue to deteriorate, the Fed will not raise rates this year.
Continue Reading at KingWorldNews.com…
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