Zero Hedge: a lone voice of economic sanity.
I enjoy reading Zero Hedge, and visit the site almost every day.
But I am VERY leery of the author of the posted article, Phoenix Capital Research. I am also VERY leery of anything written by PCR's editor, Graham Summers.
PCR, and Summers, specialize in scare articles. At the end of each article, you'll find a link to a newsletter. Follow that link and you'll eventually get to sales pitch.
So it seems to me that their primary motivation is to scare you into subscribing to their newsletter.