‘Titanic’ Global Economy May “Collapse” Warn HSBC – Gold Is Lifeboat | Max Keiser

One HSBC Center

One HSBC Center (Photo credit: Wikipedia)

This is a deeply worrying must-read report from HSBC chief economist, Max Keiser. Check it out!

via ‘Titanic’ Global Economy May “Collapse” Warn HSBC – Gold Is Lifeboat | Max Keiser.

Personally, I think that the risks are over-stated and central bankers will be able to avoid the ‘Titanic’ moment with effective mitigation. Also there are Keynesian demand stimulus measures available for fiscal policy.

Thoughts?

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