Article Image
News Link • Economy - Economics USA

MoneyNews: Economists Faber, Schiff Caution: Prepare For 'Massive Wealth Destruction'

• Daily Paul.com
 

That’s exactly what many well-respected economists, billionaires, and noted authors are telling you to do — experts such as Marc Faber, Peter Schiff, Donald Trump, and Robert Wiedemer. According to them, we are on the verge of another recession, and this one will be far worse than what we experienced during the last financial crisis.

Marc Faber, the noted Swiss economist and investor, has voiced his concerns for the U.S. economy numerous times during recent media appearances, stating, “I think somewhere down the line we will have a massive wealth destruction. I would say that well-to-do people may lose up to 50 percent of their total wealth.”

Join us on our Social Networks:

 

Share this page with your friends on your favorite social network:


GoldMoney