Top Economic Advisors Forcast World WarSubmitted by emalvini on Sun, 11/18/2012 - 16:40
Top Economic Advisers Forecast World War
Posted on November 18, 2012 by WashingtonsBlog
Kyle Bass, Larry Edelson, Charles Nenner, Jim Rogers and Marc Faber Predict Widespread War
Kyle Bass writes:
Trillions of dollars of debts will be restructured and millions of financially prudent savers will lose large percentages of their real purchasing power at exactly the wrong time in their lives. Again, the world will not end, but the social fabric of the profligate nations will be stretched and in some cases torn. Sadly, looking back through economic history, all too often war is the manifestation of simple economic entropy played to its logical conclusion. We believe that war is an inevitable consequence of the current global economic situation.
Former Goldman Sachs technical analyst Charles Nenner – who has made some big accurate calls, and counts major hedge funds, banks, brokerage houses, and high net worth individuals as clients – says there will be “a major war starting at the end of 2012 to 2013”, which will drive the Dow to 5,000.
In addition, Jim Rogers says:
If it turns into a trade war, it is the most momentous thing of 2011,” said Rogers. “Trade wars always lead to wars. Nobody wins trade wars, except generals who end up fighting the physical wars when they happen. This is very dangerous.