Sunday, April 19, 2015

Harry Dent - Bank Bail-ins are coming in The next Crash

 Harry Dent-Fed Checkmated Next Time Around




 Better get ready to hold on to your money because financial expert Harry Dent says bank bail-ins are coming in the next crash. Dent explains, “This time, when they blow it up even higher, it’s going to be a steeper downturn. Who is going to vote for central banks printing $20 trillion next time instead of $11 trillion like the last time? There are $250 trillion dollars in loans and financial securities around the world. It’s all stuff that can fall dramatically in value. I see $100 trillion of that disappearing. So, is the Fed going to create $100 trillion to make up for that deficit? I don’t think so. I think they are going to be checkmated next time around.”




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