Société Générale tells clients how to prepare for potential 'global collapse'
Société Générale has advised clients to be ready for a possible "global economic collapse" over the next two years, mapping a strategy of defensive investments to avoid wealth destruction.
[ame="http://www.youtube.com/watch?v=eZA0qNsf4m0&videos="]YouTube- The Dollar Bubble[/ame]
I know the Soc Gen article has been posted before and while I'm not 100% sure what their angle is - the fact that they are putting this out there, I take it very seriously - the potential for global collapse is no longer merely a hypothetical it could happen.
The next two years will be decisive - my hunch is that there will either be a global collapse of sorts followed by war or another series of major financial shocks followed by a dollar default and perhaps the ushering in of a new global currency (or a variant thereof).
What do you guys think?