Emergency Essentials Freeze Dried Food | Long Term Storage Food | Safecastle: "System Wide Meltdown as U.S. to Enter Hyperinflation"

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Tuesday, June 14, 2011

"System Wide Meltdown as U.S. to Enter Hyperinflation"

King World News interviewed John Embry, chief investment strategist of the $9B strong Sprott Asset Management. He spoke candidly about the hopelessness and near-term risk of the U.S. debt situation:

"... Two things you can be assured of:  One is that the standard of living for the average person will be crushed, and two there will be some form of civil unrest because people confronted with this reality are going to become extraordinarily unhappy.”

Read the whole interview.
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