bear market will be over when all the bulls are dead and most of the few and still-alive bears are badly wounded, and then, only then, will the last group of lucky few standing make their appearance, to tidy up
at that juncture, those still standing will tidy up very extremely quietly, so as to be not rude and disturb the dead and wounded, and the standing certainly will not be chanting 'bottom is in', for that will invite nothing by retribution by those being tidied up in what must be a methodical and gruelsome 'nothing personal' business
gs will be hauled in front of committees and commissions and will be kept busy at that juncture, and their partners' margin calls will be pulled as part of any semi-sincere systemic reform, say 2011-2012
just a guess
and after that, another guess, say 2015-2020, we will wait for the definitive wipe out that would usher in teotwawki dawn, but first, the demographic-enhanced new dark age and the darkest of inter-sovereign empire-kingdom interregnum
just another guess
all should be ok by 2025 in some parts of the planet
just a working script to watch n brief on
best time to study economics is over the next 15 years, for sure, PhD wise |