silverdoctors.com / By The Doc / June 2, 2012
Raoul Paul of The Global Macro Investor has released a presentation documenting ‘The End Game‘ for the global financial system, which Paul states will occur in late 2012-early 2013.
‘The world has no engine of growth with most of the G20 countries approaching stall speed at the same time. The western world is about to enter its second recession in an ongoing depression…
For the first time since the 1930′s we are entering a recession- before industrial production, durable goods orders, employment, and private sector GDP have made back their previous highs. ‘
As to the timing of the collapse Paul states:
’2012- 2013 will usher in the end. We have about 6 months left… Assume that no one and nothing is safe. After that, we put on our tin helmets and hide until the new system emerges
As to what the collapse will look like:
A global banking collapse and massive defaults would bring about the biggest economic shock the world has ever seen. No trade finance, no shipping finance, no finance for farmers, no leasing, no bond market, no nothing…