A 25% Chance of Armageddon? Flee for the Hills, Preferably With a Gun!

Barton Biggs, Traxis Partners hedge fund manager and Author of "Wealth, War and Wisdom", discusses:

- His rather bleak views on the future of the global economy;
- The possibility of a breakdown of the civilized infrastructure”;
- His assertion that Mankind endures ``an episode of great wealth destruction'' at least once every century;
- The connection between wars and markets;
- His views for the prospects of US economic recovery - outlook for US stock market
- Difficulty of gauging the prospects for the global economy and the market direction;
- Views on the European debt crisis;
- Whether he remains net long on the US economy;
- Whether Asia has re-coupled with the Western economies - whether this is a concern;
- Concern over a slowdown among Asian exporters;
- Chinese central bank appearing to prop up the Yuan as well;
- The survivalist message of 'Wealth, War and Wisdom: invest 5 per cent of income in creating a refuge "well-stocked with seed, fertiliser, canned food and medicine".