Posted 1 year ago on Nov. 18, 2012, 1:49 p.m. EST by Toby99
This content is user submitted and not an official statement
Kyle Bass, Larry Edelson, 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.
Marc Faber says:
“The next thing the government will do to distract the attention of the people on bad economic conditions is they’ll start a war somewhere.”