Bigger Financial Meltdown Starts Before End of Year – Doug Casey

TND Videocast Spotlight:  Greg Hunter’s USAWatchdog.com

Best-selling author and economic expert Doug Casey says another financial meltdown worse than the last one is coming soon. Casey says, “I was saying in 2007 that we were going into a gigantic financial hurricane. It hit in 2008 and 2009. For the last few years, we have been in the eye of the storm of this gigantic hurricane. Now, as we speak, we are entering the trailing edge of this hurricane, and it’s going to be much worse and much longer lasting and much different than what we saw in 2008 and 2009, and that was ugly.”

Why will it be much worse than last time? Casey contends, “All these central bankers are doing the same stupid things. . . . The American central bank, the Europeans, Japanese and the Chinese have all printed trillions of new currency units and, yes, they are doing this in concert.   They don’t want to see the markets collapse, but they are going to collapse, and the nature of this collapse is going to be different because they have created trillions and trillions of new currency units, and that has created bubbles all over the world economy.”

On why it has taken so long for the next crash to be created, Casey says, “Everything looks good until all of a sudden it looks terribly bad. It’s like when you jump off the Empire State Building. Everything is fine as you pass the 50^th floor, but it all happens at once when you hit the sidewalk.   I think that’s what we’re looking at, and we’re going to start hitting the sidewalk before the end of the year. This is very serious. This is the most serious thing since the 1930’s, and this may be the most serious since the industrial revolution overturned the previous basis of life.”

Click here to read the rest of Greg Hunter’s write-up and to access the active comment section.

After the Interview: Doug Casey has some free articles and information at CaseyResearch.com.  Casey predicts his site will grow at least three fold in the coming years because people will be scared and will not be able to find reliable information in the mainstream financial press. Casey says people are going to be searching for different and better information.

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About Greg Hunter:

Mr. Hunter is the producer and creator of Greg Hunter’s USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. Greg Hunter’s USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows. Greg encurages feedback and welcomes comments. You may also support USAWatchdog.com by clicking here to donate.  Reprinted with permission.

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