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Embry expects bailouts because 'bail ins' will collapse the financial system

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Chris Powell

GATA

Published : August 05th, 2014

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Debt and unfunded liabilities are crushing national economies and being wrapped in lies by government, Sprott Asset Management's John Embry tells King World News today. Embry expects everything to be bailed out because "bail ins" probably will prompt the financial system's collapse. An excerpt from his interview is posted at the KWN blog here:

http://kingworldnews.com/kingworldnews/KWN_Da...2014/8/5_Emb...

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.

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