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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Crimson Ghost who wrote (36392)3/3/2002 10:57:57 AM
From: limtex  Read Replies (1) of 99280
 
GSC - REading that every day could make anyone suicidal. If this man were correct the structure of our society would collapse.

It is what he doesn't say that is more important than what he does. For instance how will people retire over the next ten to fifteen years? If he is right retirement in that period is out of the window. What do you think that will do.

Well firstly this is a democracy and if there is so much debt that it is ruining any chance for normal reirement then the debt will be eliminated abnormally, ie it will be inflated away.

In any event if he is right then global growth is gong to be shut down. If the global economy expands well then his vision is wrong. If he is right then there is no global growth. I don't see that.

Hedge funds, gold, massive and overwhelming gloom, loss of all hope those are the credentials of a card-carrying bear.

Best,

L
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