Posted by Egon von Greyerz via King World News
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….For A Massive Global Collapse
A man who predicted the Swiss National Bank would experience staggering losses and that the Fed would also experience massive losses that will destabilize the global financial system!
Banks will not be saved by governments next time. Instead there will be bank bail-ins. This means that depositors’ money and assets will be used to save the banks.
related:
Why Bank Of America Remains A “Seller Of Risk”
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