Lord Rothschild has issued a stark warning to investors, saying that 2016 is likely to be a very difficult year for the world economy.
In his letter to investors, Rothschild warns, “not surprisingly, market conditions have deteriorated further…So much so that the wind is certainly not behind us; indeed we may well be in the eye of a storm.” On this basis, Rothschild highlights a “daunting litany of problems,” warning those who are optimistically sanguine about the US economy that “2016 is likely to turn out to be more difficult than the second half of 2015.”
http://monetarywatch.com/2016/04/457/Total financial collapse is going to happen before Dimma gets the sack for crying out loud