Revelations 18:23:’For the merchants were the great men of the earth; for by thy sorceries were all nations deceived.’

Important Takeaways:

• Hedge fund giant Elliott warns looming hyperinflation could lead to ‘global societal collapse’
• Hedge fund Elliott Management, who warned that the world is heading towards the worst financial crisis since World War II.
• The Florida-headquartered firm told clients that they believe the global economy is in an “extremely challenging” situation which could lead to hyperinflation. Elliott did not respond to MarketWatch’s request for comment.
• They added that the “extraordinary” period of cheap money is coming to an end and has “made possible a set of outcomes that would be at or beyond the boundaries of the entire post-WWII period.”
• The world is “on the path to hyperinflation” which could lead to “global societal collapse and civil or international strife.”

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