Billionaire Warns: Yellen Collapse 'Will Be Unlike Any Other'

To help many of you with what we are trying to achieve getting the PP's, RVs, Currencies and GS released, please be aware and responsible with the funds once released. We are on the very edge of both a Cataclysmic market collapse and economic chaos as our societies implode with failed economic planning.

The hardest part of money is not making it, but keeping it. Know when to enter a market and know when to leave it.

This is just one guideline to help you with the dilemmas you will face, or lose the pot. Face up and shape up to it. Mugs lose it.

Money News
12 April 2014

Another horrific stock market crash is coming, and the next bust will be “unlike any other” we have seen.

That’s the message from Jeremy Grantham, co-founder and chief investment strategist of GMO, a Boston-based firm with $117 billion in assets under management.

Grantham pulls no punches when he discusses who he holds responsible for the coming financial carnage. In a recent interview with The New York Times, he calls Federal Reserve Chair Janet Yellen “ignorant” and said the Federal Reserve all but killed the economic recovery.

He also says that he isn’t putting his clients’ money into the market right now.

“We invest our clients’ money based on our seven-year prediction. And over the next seven years, we think the market will have negative returns. The next bust will be unlike any other, because the Fed and other central banks around the world have taken on all this leverage that was out there and put it on their balance sheets. We have never had this before.”

Grimly, he adds, “It’s going to be very painful for investors.”

Grantham isn’t the only one worried about a market collapse.

“We have no right to be surprised by a severe and imminent stock market crash,” explains Mark Spitznagel, a hedge fund manager who is notorious for his hugely profitable billion-dollar bet on the 2008 crisis. “In fact, we must absolutely expect it."

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