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The doomsday prophets become more numerous

An ever-increasing number of prominent US economists and investors are predicting an upcoming collapse in the world economy. 

Business economist Alan Greenspan recently stated to US media: "We're running to a state of disaster." The statement is startling because it was Greenspan who started all the money printing when he was chairman of the US central bank board at the beginning of the 2000 century, and later let it explode. "We have a worldwide problem with a lack of productivity growth – it's not just about the United States, it's about the whole world," Greenspan said. In other words, this is an admission of the rare that should resonate with financiers, politicians and central banks. (Fox TV, 1. June 2016, http://www.zerohedge.com/news/2016-05-31/alan-greenspan-were-running-state-disaster)

Warren Buffet, one of the world's best-known investors, warns of negative interest rates and tells US CNBC that he "must consider taking his money out of the bank". 

George Soros, one of the world's most successful and wealthy investors, is in the process of reallocating parts of its wealth. To broadcaster Bloomberg, Soros says: "Most of the money banks spend is needed to keep non-performing loans and loss-making businesses alive."

Jim Rogers, Former partner of George Soros and founder of Quantum Fund, one of the most successful investment companies in the United States, told US television channels: "There will be a collapse. . .

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Hans Eirik Olav
Olav has a long time from the financial world behind him.

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