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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: CalculatedRisk who wrote (28459)4/25/2005 10:10:15 PM
From: Think4Yourself  Read Replies (3) | Respond to of 116555
 
This past week I have been seeking counsel with several entreprenuers and wealthy investors I have come to know and respect over the years. Without giving my thoughts first I have asked each what they thought about the economy in the near future. I asked 3 people, none of whom know each other. Every one said the same thing: "All the conditions are in place for a major depression. We just need a precipitating event."

For all three of these people to have come to the same conclusion independantly is scary, at least to me.