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Nuclear-Weapon(NaturalNews) The billionaire CEO and founder of Elliott Management hedge fund, Paul Singer, who manages $25 billion worth of client funds, is quite the prophet.

In 37 years, his fund has only had two down years. Indeed, on average, his fund has an annual return of 14 percent, and that compares very favorably to the 10.8 percent for the S&P 500 as a whole.

One of Singer’s more recent claims to fame was his public warning about the housing crash and subsequent global economic and financial crisis; he warned of this as early as 2006. The following year, he met with finance ministers of the G7 nations to warn them of the coming economic tsunami, but his warnings fell on deaf ears.

As further reported by BioPrepper.com:

Clearly he knows a thing or two about managing and protecting assets, and about accurately predicting future risks, and people everywhere would be well advised to listen to his advice.

‘Unimaginable consequences’

And just recently, Singer wrote in his standard investment update letter that he sends to clients: “There is one risk that is head-and-shoulders above all the rest in terms of the scope of potential damage adjusted for the likelihood of occurrence.”

What is that risk? A man-caused electromagnetic pulse (EMP) attack would be worse for the U.S. and the world than nuclear war, a solar storm or even an asteroid strike:

It would not cause any blast or radiation damage, but such an attack would have consequences even more catastrophic than a severe solar storm. It could not only bring down the grid, but also lay down a very intense, very fast pulse across the continent, damaging or destroying electronic switches, devices, computers and transformers across America.

Written By: J. D. HEYES, continue at NATURAL NEWS