kingworldnews.com / December 1, 2012
After a wild week of trading, King World News is pleased to share with its global readers the kind of interview you will never see in the mainstream media. This piece lays out the harsh reality of what is really taking place around the world, not the sugar-coated version you see on TV and read in the papers.
Fasten your seat belts, here is what Egon von Greyerz, founder of Matterhorn Asset Management in Switzerland, had this to say: “Eric, I’m looking around the world and what is happening in France is quite amazing. We all know Hollande is in charge and he is now threatening French steel producer ArcelorMittal. Business is weak and they are looking to lay off some employees.”
Egon von Greyerz continues:
“ArcelorMittal is the biggest steel producer in the world, and Hollande is telling them if they lay off employees that he will nationalize the business. So if this steel producer moves to take normal action during a slowdown they are literally going to be nationalized. This is a astounding.
A couple of days ago I spoke to an author and journalist in France who is very well known….