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« Charlie Munger: Gold Is For Holocaust-Era Jewish Families To Sew Into Their Garments; Civilized People Don't Buy Gold | Main | Euro Stress Crosses Border Into the Netherlands »
Wednesday
May022012

Turk - Banks & Governments Will Collapse Together

James Turk 

With increased demonstrations across the globe, today King World News interviewed James Turk out of Europe.  Turk told KWN that banks and governments around the world are set up for a massive collapse, and they will go down together.  Turk also discussed key markets and what he is doing with his own money right now.  But first, here is what Turk had to say about the situation:

  Have you seen the growing demonstrations here in Europe, Eric?  So far, the protests have mainly been non-violent.  They're protesting in the streets for good reason.  Eleven of the seventeen countries in the EU are in a recession.  With unemployment growing to record levels in some countries, certain key European nations are definitely in a depression.

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