Monday, February 2, 2015
Cracks in the Debt Bubble - Gregory Mannarino
Gregory Mannarino of TradersChoice.net says, “We are watching epic events occur. People have been saying for years, where is the collapse, where is it? It’s now. Look at the actions of the world central banks. They are becoming more and more desperate. They are slashing interest rates, and there are negative interest rates. The Federal Reserve will follow suit despite the garbage that is coming out from the Federal Reserve Governors; it’s nonsense. There is no possible way they can raise rates.”
Mannarino contends, “Once a fiat system is adopted, it starts to die right from the beginning, and we are at the end of this cycle. We are witnessing the end of this cycle. This event we are watching, and it is happening now, and we can see it unfolding by the actions of the world central banks. This is cracks in the debt bubble. This event is going to create a resource issue on a scale that is unimaginable.
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