Doom and Gloom 2015


If Everything Is Just Fine, Why Are So Many Really Smart People Forecasting Economic Disaster?

Michael Snyder, on November 10th, 2014

The parallels between the false prosperity of 2007 and the false prosperity of 2014 are rather striking. … The Dow and the S&P 500 both hit record highs on Monday, margin debt on Wall Street is hovering near record levels, the unemployment rate has ticked down a little bit and Americans are getting ready to spend more than 600 billion dollars this Christmas season.  The truth is that the economy seems pretty stable … . So why are so many really smart people forecasting economic disaster in the near future?

For example … the Jerome Levy Forecasting Center … an organization with a tremendous economic forecasting record that goes all the way back to the Great Depression … is forecasting that there is a 65 percent chance that there will be a global recession by the end of next year…

John Hussman … believes that we are experiencing a massive stock market bubble right now and that stocks are approximately double the value that they should be

Economic cycle theorist Martin Armstrong foresees major economic problems in 2015 which will ultimately lead to “civil unrest”  in 2016

For much more on this, please see this article and this article. …

If Everything Is Just Fine, Why Are So Many Really Smart People Forecasting Economic Disaster?

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Biding my time in central ms ... yours too, if ur reading this.
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