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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: maceng2 who wrote (72230)1/27/2010 5:07:37 AM
From: Snowshoe  Read Replies (1) of 74559
 
>>Prechter reiterated his longstanding advice to investors to shelter in Treasury bills until between about 2014 and 2016 when he expects the unwinding of the biggest debt bubble in history will start to abate. "The bear market (in stocks) has a number of years left to run: four to six more years," he said.<<

That's scary stuff. Here's some more, with lots of pretty charts to show how bad things are... :(

McKinsey: You Won't Believe How Much Pain We're Still In For
businessinsider.com
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