He is the author of The Rotten Heart of Europe: the Dirty War for Europe’s Money, and was one of the few economists to have predicted the financial crisis of 2008. Is the world economy heading for the rocks of recession, mass default and financial collapse? Global bond markets might seem to suggest quite unprecedented downward pressure, worse than in the Great Depression of the 1930s, on economies.
Only because people are manipulating it to happen .
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