Greyerz Issues Warning About War, Market Turmoil, Shocks And Exchange Controls
Sunday, August 20, 2017 at 10:38PM
Silver Prices

 

War, Market Turmoil, Shocks & Exchange Controls
Egon von Greyerz:  “As I stated in my KWN interview last week, the risk of a major war is now very high.  The dilemma is that this is just one of many problems with potentially catastrophic consequences the world is currently facing. Looking at total global risk, the current situation is probably graver than anything the world has faced in history. We are not just looking at the risk of a nuclear war between the US and North Korea. Instead, we are looking at a war that easily could lead to a world war involving initially China and Russia, but later on many more nations. It would also feature economic, financial and political risk of unprecedented severity…

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A bit dramatic for me - but who knows.....

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