Visitors Now:
Total Visits:
Total Stories:

By FSN
Contributor profile | More stories

Story Views
Now:
Last Hour:
Last 24 Hours:
Total:

Global Growth Will Never Return to its Glory Days-Chris Martenson

Monday, December 17, 2012 7:53

% of readers think this story is Fact. Add your two cents.

(Before It's News)

by Greg Hunter
USA Watchdog

Chris Martenson of PeakProsperity.com says, “We have an economy that requires constant exponential growth . . . that won’t happen. We’re on an unsustainable course.” Martenson says the next 20 years will look nothing like the last 20 years. He predicts, “The crisis really is going to belong to the people who don’t see it coming.” Martenson believes, “Global growth will never return to its former glory days.” The days of cheap natural resources are gone. Martenson says to go along with that phenomenon, “The risks are piling up in the financial system. . . . The Federal Reserve is printing, printing, printing . . . we’re going to have a world class currency crisis.” Given the current situation of a broken money system and dwindling natural resources, Martenson says, “I don’t see how you avoid a hard landing at this point.” Join Greg Hunter as he goes One-on-One with Chris Martenson from PeakProsperity.com.