Today Greece has rejected bailouts ahead of the emergency meetings, Alan Greenspan has now predicted the collapse of the euro and the Greek Finance Minister has also warned that the euro will collapse if Greece exits! With that chaotic backdrop, below are 7 terrifying warnings that the Greek disaster is now set to catapult the world into a global meltdown.  These 7 crucial warnings all indicate that this crisis now has world heading toward a catastrophic outcome.

Below are the 7 terrifying warnings that the Greek disaster is now set to cataput the world into a global meltdown:

Paul Craig Roberts warned King World News that the Greek cisis is a game-changer for the entire world:

King World News -- Paul Craig Roberts - EU And Banksters Threaten: "Defy Us And We Will Destroy You"

"Defy Us And We Will Destroy You"

Tsipras stated that the new Greek government does not intend a “catastrophic clash” with its creditors, only an acceptable amelioration of the unreasonable conditions imposed on Greece, in order that Greece can give some satisfaction to its private bank creditors and also avoid social, political and economic instability in Greece.

Against this reasonable statement, Bloomberg reports that the new Greek cabinet contains communists who favor closer ties with Russia. To remind the newly elected Greek government of the whip that is held over Greek financial markets, Greek bond and stock prices were assaulted and driven down.

The warning from the EU and Wall Street is clear: Defy us and we will destroy you.

Super-Rich And Serfs

This is the “New Democracy.” It is a resurrection of the old feudal order. A few super-rich aristocrats and everyone else serfs obliged to support the ruling order. The looting that began in Greece has spread into Ukraine, and who knows who is next?

Paul Craig Roberts also warned King World News about Putin's Ultimate Move:

Putin's Ultimate Move To Crush The EU And NATO

King World News -- Paul Craig Roberts - Putin's Ultimate Move To Crush The EU And NATO

There is the potential for a massive black swan to develop because of the Greek crisis and the election of the new government.  This will unfold if the German banks, the creditors of Greece and the EU politicians refuse to accommodate the legitimate needs of the Greek government. 

The Greeks must renegotiate the harsh conditions that have been put on their country in order to solve their sovereign debt problem.  The current agreement as it exists is intolerable to the Greeks and it can’t stand.  But if the Germans and the other Greek creditors don’t agree, you could see an alliance between the Greeks and the Russians.

KWN Roberts I 1:30:2015

BRICS $100 Billion Bank

The BRICS now have this IMF-type bank and they have funded it with $100 billion.  Putin now sees that he has the opportunity to break the Greeks off from the EU and from NATO.  The BRICS bank would step in and help the Greeks with their debt-servicing problems.  That could be the beginning of the unraveling of the European Union and  NATO.

You have to remember, Eric, that Italy, Spain and Portugal will be watching this situation with Greece very carefully.  These countries still face the same kind of threats that are being applied to Greece.  And of course the Irish have suffered dramatically under the austerity imposed on them.

So if these countries see that Europe will not ameliorate the hardships that have been imposed on them by these austerity programs, and these countries turn to Russia, China and India — the BRICS — you would then see a total breakdown in the EU system.  This is a system where the banks get countries in debt and then they send in the IMF to impose austerity.

KWN Roberts II 1:30:2015 

The Ultimate Black Swan As Countries Are Looted

The bank's clients then buy the premier assets of these countries for pennies on the dollar.  It’s a looting process.  That’s what happened to Greece.  It also happened to Ireland.  So if these European countries realize that all they are just being looted, they will then accept Putin’s offer and turn to the Russians and the Chinese.  The BRICS can easily assist the Greeks.

These countries would then abandon Germany, Washington and the IMF, who are imposing all these hardships on them and also looting their countries.  So there is the potential for the ultimate disaster here if the West is stupid and arrogant enough not to bend.  That would mean the unraveling of the European Union and of NATO — the ultimate black swan.”

King World News - Man Asked To Speak To Chinese Officials Warns West Desperately Maneuvering Ahead Of Chaos, Disarray And Outright War

Putin's Aggressive Move Into Europe

Eric King:  “Dr. Roberts, what we are seeing unfold right now has ramifications far beyond Greece.  You are talking about an aggressive chess move by Putin and a massive sweep by the Russians and the Chinese into Europe — through the back door of Greece, and then eventually into Spain, Italy, Portugal, and possibly even Ireland.  You are talking here about the total destruction of the EU and the euro.”

Dr. Roberts:  “That’s exactly right.  You see, Eric, the EU is telling the Greeks they won’t change any conditions and if the Greeks don’t agree they may simply expel the Greek government out of the EU and the euro system.  Well, if they are that stupid, then Russia and China will enter — that’s the opening.  If that unfolds, then yes, the Chinese and the Russians can unwind NATO.”

Stephen Leeb warned King World News this could lead to World War III:

Greece is battleground being fought between the East and the West.  Whoever wins that battle will end up in a power position in Europe.  What you are seeing play out right now is a major battle in a new World War between the East and the West.

KWN Leeb I 2:3:2015

Trouble For Merkel And Germany

People don’t understand how quickly this situation could spell trouble for Merkel and Germany.  A recent article in the most recent Foreign Affairs pointed out that the German people by and large look East rather than West.  You have to remember, Eric, that the Germans were the last people to agree that there had to be sanctions against Russia when the Russians took over the Crimea.

King World News - Superpowers Battle Over Greece As Europe Trembles With Fear Of World War III

World War III

What we are talking about here is World War III.  You have a battle for worldwide economic hegemony.  This war over Greece is incredibly important.  Whoever wins control of Greece will have a huge tactical advantage in Europe.  The West is at a distinct disadvantage here because the Russians are planning to put in the pipeline that will extend all the way up to the Balkans — the same is true for the planned Chinese high-speed rail system.

KWN Leeb VII 2:3:2015

Global War Raging For Economic Hegemony

This is not just an issue of Greece falling out of the euro.  It’s not just an issue of that $300 billion that Greece owes the rest of these European banks.  This is an issue of who wins the first real battle for economic hegemony in the world.  Greece is that that battleground right now.

In a way the outcome in Greece is far more important than what happened in Crimea.  It’s far more important that almost anything we’ve seen up to this point.

Entire World Now Watching Greece

So, Eric, as China rapidly expands its power and influence across the globe, the whole world is watching to see who will win the war in Greece.  A victory for Russia and China would have disastrous ramifications for the European Union.  It would also be a warning to the United States and Europe that aggression works both ways.  That would leave the U.S. and Europe with a disaster in Ukraine and a catastrophic loss in Greece — the strategic crossroads of Europe, Asia and Africa.”

John Ing told King World News we are aleady seeing outright war:

Chaos, Disarray And Outright War

I would also add that it’s no longer just a currency war — instead it’s outright war.  The central banks have exhausted all of their tools, including quantitative easing.  This is why depreciating the currencies is the last move.

Meanwhile, the troika has drawn a red line with the Greeks and Greece has already crossed it.  Now the question is:  What happens?  Well, if Greece walks it challenges the entire structure of the European Union.  This would mean complete chaos and disarray.  

A Greek default would send shockwaves through Europe’s already beleaguered banking system.  And this is at a time when we already have bank runs going on in Greece.  What happens if this erupts in the rest of the European banking system?

Egon von Greyerz warned King World News that a small economy can now take a bankrupt world down:

King World News - Events Now In Motion That Will Create Worldwide Chaos And Massive Problems For Mankind

“Eric, today we are standing on the cusp of life-changing events, which are unfolding worldwide.  It’s ironic that the catalyst could be a Greek drama.  With the way the negotiations are unfolding between the Greek Finance Minister, Yanis Varoufakis, and the troika, it’s hard to know if this is a Greek tragedy or a comedy.

The EU President just said that ‘Greece risks bankruptcy if they continue with the strategy.’  Well, Varoufakis responded, ‘We are already bankrupt.’

It’s actually refreshing to hear a finance minister admit that a country is bankrupt, especially since virtually every major Western economy, including Japan, is bankrupt.  There are a lot of finance ministers who should own up to this.  And isn’t it fascinating that a relatively small economy can now take a bankrupt world down?

John Hathaway warned King World News all hell is now breaking loose in Europe:

King World News - All Hell Is Now Breaking Loose In Europe

“This is just a sign that things are spiraling out of control and in a much worse direction than central planners had expected. There are no contingency plans in the eurozone to deal with the possibility of a Greek default and exit from the euro system.

One of the things that’s starting to happen in Europe is you are seeing these splinter political parties gaining power.  We’ve seen it in Greece.  We are seeing it in Spain.  We are also seeing it in France.  There is now an open rebellion against Brussels.

All Hell Is Now Breaking Loose In Europe

So all hell is now breaking loose in Europe and the Greek situation is just feeding into the rebellion happening elsewhere.  For example:  Why else would the Dutch have started to repatriate their gold?  The Germans felt pressure from the same grassroots unrest to ask for their gold back from the New York Fed.  At the same time there is this monetary unrest in Europe and a run on the bank.

So this desperate attempt to maintain monetary order is starting to deteriorate quite rapidly.

Greece is really part of a bigger rebellion against the authority that Brussels represents on the entire European continent.  So if Greece completely revolts against Brussels, defaults and defiantly leaves the euro system, this will pave the way for others to break away as well.  This would have a collapsing effect on the euro system.  The man on the street is in open rebellion.  Austerity is dead and Europe is now in danger of breaking apart at the seems.”

But perhaps Billionaire Eric Sprott had the most dire warning of all:

King World News - Billionaire Eric Sprott - Entities Wiped Out Overnight As Western Central Banks Near Total Surrender

Sprott Makes One Of The Most Dire Predictions Of 2015

I don’t know when it (the next Lehman moment) happens, but we are standing in front of a (global) financial tsunami.  We know it’s going to land — everybody knows that.  The earthquake was long ago and now the tide is going to come in here and people have to be prepared for that because there is no mathematical way out of this.”

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The audio interviews with Marc Faber, Eric Sprott, Felix Zulauf, Andrew Maguire, John Mauldin, Egon von Greyerz, Dr. Paul Craig Roberts, Gerald Celente, Lord Christopher Monckton, Michael Pento, Bill Fleckenstein, David Stockman, Dr. Philippa Malmgren, Stephen Leeb, John Embry, Rick Rule,  Rick Santell are available now. Other recent KWN interviews include Jim Grant — to listen CLICK HERE.

Eric King