Top Economic Advisers Forecast World War
November 18th, 2012
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Kyle Bass, Larry Edelson, Charles Nenner, Jim Rogers and Marc Faber Predict Widespread War
Kyle BassÂ 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,Â all too often war is the manifestation of simple economic entropy played to its logical conclusion.Â We believe that war is an inevitable consequence of the current global economic situation.
Larry Edelson wrote an email to subscribers entitled âWhat the âCycles of Warâ are saying for 2013âł, which states:
Since the 1980s, Iâve been studying the so-called âcycles of warâ â the natural rhythms that predispose societies to descend into chaos, into hatred, into civil and even international war.
Iâm certainly not the first person to examine these very distinctive patterns in history. There have been many before me, notably, Raymond Wheeler, who published the most authoritative chronicle of war ever, covering a period of 2,600 years of data.
However, there are very few people who are willing to even discuss the issue right now. And based on what Iâm seeing, the implications could be absolutely huge in 2013.
Former Goldman Sachs technical analyst Charles Nenner â who has made some big accurate calls, and counts major hedge funds, banks, brokerage houses, and high net worth individuals as clients âÂ saysthere will be âa major war starting at the end of 2012 to 2013â, which will drive the Dow to 5,000.
Why are these economic gurus forecasting war?
For one thing, many influential peopleÂ wrongly believeÂ that war is good for the economy.
In addition, Jim RogersÂ says:
If it turns into a trade war, it is the most momentous thing of 2011,â said Rogers. âTrade wars always lead to wars. Nobody wins trade wars, except general who end up fighting the physical wars when they happen. This is very dangerous.
Rogers alsoÂ explains:
A continuation of bailouts in Europe could ultimately spark another world war, says international investor Jim Rogers.
âAdd debt, the situation gets worse, and eventually it just collapses.Â Then everybody is looking for scapegoats. Politicians blame foreigners, and weâre in World War II or World War whatever.â
And Marc FaberÂ saysÂ that the American government will start new wars in response to the economic crisis:
Faber also believes the U.S., China and Russia may go to warÂ over Mideast oil.
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