2008 will look like a cakewalk in comparison to what lies ahead.
– Chinese Rating Agency Warns Coming Crisis Is Worse Than 2008, Blames US “Printing Press” (ZeroHedge, Feb 5, 2015):
The head of China’s Dagong Rating Agency, Guan Jianzhong, had some very blunt words for the world’s investors and policymakers overnight. As ITAR-TASS reports, Jianzhong warned , “the world economy may slip into a new global financial crisis in the next few years… that is even worse than in 2008.”
Read moreChinese Rating Agency Warns Coming Crisis Is Worse Than 2008, Blames US ‘Printing Press’