Telegraph via SOTT: Nobody will be spared, unless they own gold bars
Telegraph via SOTT: Nobody will be spared, unless they own gold bars Ambrose Evans-Pritchard
The London Telegraph
We face extreme danger. Unless there is immediate intervention on every front by all the major powers acting in concert, we risk a disintegration of global finance within days. Nobody will be spared, unless they own gold bars.
As the unflappable Warren Buffett puts it, the credit freeze is “sucking blood” out of the economy. “In my adult lifetime, I don’t think I’ve ever seen people as fearful,” he said.
We are fast approaching the point of no return. The only way out of this calamitous descent is “shock and awe” on a global scale, and even that may not be enough.
During the past week, we have tipped over the edge, into the middle of the abyss. Systemic collapse is in full train.
Original post by malct
