The Wake Up Call - End Of An Era - 10/08/12




The Wake Up Call show

Summary: Economic growth may be a thing of the past. Developing countries may play ‘catch-up’ but the developed world may see no appreciable progress for many decades. This is one reason why I suggest Asia as a venue for emigration. An interesting juxtaposition of several data points in the stock market from John Hussman which have converged on four occasions. Three times this happened the market collapsed shortly thereafter. We are experiencing the fourth right now. A few words about predictions and the propensity to base them on the calendar year. The immediate future of Europe. People are not aware of how fragile the economy is. Much of it is artificial and illusory. When it finally collapses, few people will understand why