So much so that well respected Swiss asset manager Egon von Greyerz of Matterhorn Asset Management warns that they will have no choice but to ramp up monetary printing at an accelerated pace in 2014. Failure to do so will likely seize up the global flow of credit and lead to a massive financial collapse as liquidity gets sucked out of the system.
The problem, of course, is that policy makers have backed themselves into a corner and their only remaining option will likely lead to an even more disastrous outcome; one that will have a direct impact on your long-term financial well being and quality of life.
In the following interview with King World News von Greyerz highlights the irreversible problems faced by the economic system, risks to global stability, the likely course of action to be taken by governments, and the end result when they fail.
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