Sunday , 1 December 2024

Deepest Downturn Since the Great Depression Is Coming (+2K Views)

This isn’t the time to listen to those leading politicians, economists and pundits who say we’re not in a bubble and we’re finally seeing a sustainable recovery. We’re not. Central banks can’t keep this bubble going forever…

[Instead,] you need to prepare for another across-the-board bubble burst and the deepest downturn since the Great Depression, with deflation, not inflation, and this time, in spite of what others such as Jeff Clark might tell you, gold will not be your defense, it will be your downfall.

This article* from Richard Dent (economyandmarkets.com) entitled Bubble After Bubble, They All End The Same presents:

  • the history and trends of bubbles in our economy,
  • a quick analysis of the real estate, commodity tech and emerging markets bubbles and
  • how inflation and deflation are linked to the bubble trend.

*Original Source: http://economyandmarkets.com/economy/bubble-after-bubble-they-all-end-the-same/

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