Gregory Mannarino ~ U.S. Already In Technical Default [Video]

USA Watchdog February 25 2013

Analyst Gregory Mannarino is worried about the out of control debt in America.  Mannarino says, “The United States is already in technical default regarding its debt because if it were not for the Fed buying all this debt, we’d be in actual default, which is coming.”  

When the bond market bubble blows up, Mannarino thinks, “People are going to be destroyed here—destroyed from a financial standpoint.”  It is an official “open ended” policy for the Fed to buy $85 billion in debt each and every month.  Mannarino says, “This is a very dangerous game the Fed is playing.  It is very scary.  They are creating a greater and greater imbalance between the supply and demand for the U.S. dollar. . . . Inflation is starting to kick in, and it’s just the beginning.”  

Join Greg Hunter as he goes One-on-One with Gregory Mannarino from TradersChoice.net.

Greg Mannarino ~ You Are Going To See Inflation You Are Not Going To Believe [Video]

USA Watchdog | September 10 2012

Greg Mannarino says, “A new monetary system is already in the works.”  He says central banks will continue to print money to keep an insolvent system afloat.  Mannarino says it will be on “. . . an epic scale. . . .We’re going to see inflation that people are not going to believe.”  He thinks many “too big to fail banks” will fail, but not all will go under.  Mannarino says, “I believe there is going to be a consolidation of power just like there was after the crash of 2008.”   Greg Mannarino is a former Bear Stearns floor trader who recently released a new book titled “The Politics of Money.”  He’s a fan of anything tangible, and that includes physical gold and silver.  For anyone who does not hold physical assets, Mannarino says,“People are going to be slaughtered who are not ready for this.”  Join Greg Hunter as he goes One-on-One with Greg Mannarino.

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