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« Greece, The EU And The IMF Are Dancing With Death | Main | Gold Is a ‘Barbarous Relic’ but These Are ‘Barbarous Times’: Jayant Bhandari »
Saturday
May232015

Billionaire Eric Sprott On The Shocking Financial Dangers Facing The World Today

Today billionaire Eric Sprott spoke with King World News about the shocking financial dangers facing the world today.


Eric Sprott:  “Here we have this ludicrous situation in Greece, where the ECB had to put in $80 billion to support their banking system. 


I think the (total) assets of the banking system are about $135 billion.  And yet the entire discussion is whether or not they will put $7.2 billion in to support the government.  

 

So obviously the bias is there — they care more about the banking system than they care about the government because they don’t want the domino effect to start.

Read more...

 

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