BILLIONAIRES ARE DUMPING MILLIONS OF U.S. STOCKS...AND HERE'S WHY!
|
(Photo: Copyright Control) |
"Aftershock" author Wiedemer says that a massive drop in the stock market "is a virtual certainty." Continuing he states, "it starts with the reckless strategy of the Federal Reserve to print a massive amount of money out of thin air in an attempt to stimulate the economy. These funds haven’t made it into the markets and the economy yet, but it is a mathematical CERTAINTY that once the dam breaks, and this money passes through the reserves and hits the markets, inflation will surge,” said Wiedemer.
“Once you hit 10% inflation, 10-year Treasury bonds lose about half their value. And by 20%, any value is all but gone. Interest rates will increase dramatically at this point, and that will cause real estate values to collapse. And the stock market will collapse as a consequence of these other problems.” Another fine mess!