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The End of a Supercycle
Published by Egon Von Greyerz | Nov 12, 2018 | Articles 255

The imminent secular downturn of debt and asset markets as well as the world economy will reveal how unreal these profits were as 90% or more of all the paper wealth in the world will go up in smoke. So investors should now prepare for the biggest wealth destruction in history and also the biggest wealth transfer.

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