The global financial system is rapidly approaching disaster, warned Doctor of Economics Valentin Katasonov.
In his opinion, the collapse of the global debt pyramid based on the uncontrolled emission of the dollar cannot be avoided.
The economist's opinion is cited by DEITA.RU news agency.
What the Economist Warned About
As Katasonov explained, the main reason for the coming financial catastrophe will be hyperinflation, which could occur in the United States in the near future.
The cause of hyperinflation, in turn, will be the very structure of the American and global financial system, based on the uncontrolled emission of the dollar.
According to the economist, previously the US would have simply dumped the excess money supply abroad, but now more and more countries are abandoning the dollar, so the collapse of the global debt pyramid is inevitable.
The elite is preparing to voice this forbidden truth and shock millions of people who have never thought about how this system works, writes DEITA.RU .
