Greyerz – Western Governments Moving To Enslave People And Steal Assets Ahead Of Global Collapse And Skyrocketing Gold
Greyerz – Western Governments Moving To Enslave People And Steal Assets Ahead Of Global Collapse And Skyrocketing Gold from King World News
After just passing the midway point of what promises to be a rowdy month of trading in June, today the man who has become legendary for his predictions on QE, historic moves in currencies, told King World News that Western governments are now moving to enslave their citizens and steal assets ahead of global collapse and skyrocketing gold.
Egon von Greyerz: “Hubris is a deadly sin. It is an arrogance and conceit of the highest degree that eventually leads to failure. As we reach the final stages of the current economic cycle, hubris is prevalent everywhere. Central bankers believe that they can continue to create wealth by printing and borrowing money. Since it has worked so well for 100 years in this latest cycle, why can’t it continue?…
“Throughout history, governments have attempted to set aside the natural laws of sound money by manipulating the financial system using criminal methods like counterfeiting and creating money out of thin air. With their hubris, or conceit, they believe they can get away with it. All they would need to do is to look at history. Long term, no one has ever got away with creating a system based on fake money, unlimited debt, zero or negative cost of money with the government and the bankers being the main beneficiaries. They will of course not succeed this time but the power and massive wealth created by a small elite make the “Powers That Be” so corrupt and so arrogant that they can’t even see the consequences.
The politicians are suffering with the same hubristic disease. Just take the EU, a massive bureaucratic dinosaur in Brussels with unelected and unaccountable leaders. Juncker, the President of the European Commission personifies the hubris of his organization. Their extremely arrogant treatment of the UK in connection with Brexit is just one example of their conceit.
The hubris we are seeing in many parts of the world is a typical sign of the end of an era. Another sign is the fear created by authorities which leads to draconian measures to control the people.
In the US for example, a new Bill has been introduced in the Senate. The name says it all:
“Combating Money Laundering, Terrorist Financing and Counterfeiting Act of 2017.”
The purpose of the law is to “Improve the prohibitions on money laundering and for other purposes.”