Are we going to have
a coming currency crisis?
Not exact matches
The head of Denmark's central bank has warned that the Danish krone is
coming under intense pressure from investors seeking a haven in Europe and betting that the
currency's peg to the euro could be cracked by the
crisis.
This prompted Illinois Attorney General Lisa Madigan to remind the Angelides Commission that the Office of the Comptroller of the
Currency and the Office of Thrift Supervision were «actively engaged in a campaign to thwart state efforts to avert the
coming crisis.»
The
coming deflationary depression will involve not just the collapse of capital markets but, in addition, a cataclysmic
currency crisis caused by the global destabilization of money.
Coming to the most popular cryptocurrency: bitcoin, the virtual
currency, was launched following the global financial
crisis in 2009 for less than a dollar.
As the world edges closer to the next
crisis, today the man who has become legendary for his predictions on QE and historic moves in
currencies, spoke with King World News regarding the terrifying truth about the
coming global wipeout.
In recent issues of The McAlvany Intelligence Advisor I've covered the U.S. government's ongoing «War on Cash»... how our government is trying to take over the Internet with the latest push for «net neutrality»... the risks and advantages of digital
currency like bitcoin... how U.S. banks are preparing for «bail - ins» during the next financial
crisis... how the U.S. government is using Common Core to indoctrinate children so they'll submit to the
coming socialist society... and much, much more.
But it could mean a great deal to those caught up in
currency crises to
come.
The eurozone
crisis may muddle on for years to
come — or could be settled with the break - up of the
currency by the time this article is published.
And there's an interesting dynamic — and potential
crisis — that
comes into play when you consider digital
currency, the real - world products it can buy, and the impact on the real - world economy.
«In the past, when there was a
currency crisis in Latin America, some of the richest and brightest
came to South Florida to invest,» Huertas says.