Quote:
Originally Posted by fkadir
I read this book: http://www.amazon.com/Aftershock-You...2916714&sr=8-2
Basically goes to say that we are headed for a "mega-depression" which will last 20 years once the US$ and debt bubble pops within 1-3 years time. This is the author's 2nd book after the 1st book, which was published in 2006, accurately predicted the fiasco which happened 2008-2009. Opinions? |
I told a few people about this, but I'm hoping it doesn't happen. At the moment it seems that foreign investors are flocking to the Brasilian market and if our Government doesn't stop them, they'll drive the Brasilian economy to the ground. I hope Brasil doesn't depend only on the BOVESPA. I find it funny how the industry just fired people here in the US based on the stock market and then we see many companies posting nice profits, but they're not calling people back to work. If the US wants to export more, it needs to hire more. So I'm hoping it doesn't get really bad.