They should seek advice from this guy, predicted economic crisis
in 2002, no one can fight him already!
:
Here's a guy who wrote about the current economic storm back in
2002:
http://books.google.com.sg/books?id=KRMrA9WOHkUC&dq=Daniel+A.+Arnold+depression&printsec=frontcover&source=bl&ots=N9DiHShzoR&sig=yLoLIfR-tKTO_v-W-CctlJ6uicQ&hl=en&ei=xzWuSqjTBZaA7QPE8JnSBw&sa=X&oi=book_result&ct=result&resnum=2#v=onepage&q=&f=false
IT'S SEPTEMBER 15,
2009 AND
THE GREATEST DEPRESSION IN
HISTORY, WORSE THAN THE GREAT
DEPRESSION OF THE 1930s, AND NOTHING TO DO WITH THE
2008/9
SUB-PRIME DRIVEN CRISIS, IS NOW JUST AROUND THE
CORNER.
DON'T SAY YOU HAVEN'T
BEEN WARNED!
http://www.thegreatbustahead.com
Guy predicted economic crisis in 2002!
http://www.amazon.com/Great-Bust-Ahead-Depression-Understanding/dp/159196153X/ref=sr_1_1?ie=UTF8&s=books&qid=1252986104&sr=1-1
In late 2002 when this book was published, in addition to the
massive thirteen year depression beginning towards the end of the
decade, it forecast that:
The economy, as reflected by the DJIA, would resume its upwards
march in late 2002 or 2003. This is exactly what
happened.
The DJIA would have a snapback to 13,000 to 14,000 and the FTSE
to 6,000 to 7,000 by 2004, but delayed possibly by
wars/politics/terrorism/scandals. This is exactly what has
happened. Although the full snapback has been delayed for
the reasons described, the DJIA in 2007 reached over 14,100 and the
FTSE over 6,700.
The inflation adjusted DJIA returns from 2003 to 2012 would
average 7% to 8%. So far, with the delayed full snap-back,
inflation adjusted DJIA returns have averaged a more modest 5.8%,
as would be expected.
Interest rates would increase from 2003 onwards.
This is exactly
what happened.
guru of gurus, king of kings!
I also predict there will be economic crisis in 2030-2035
period.
No one can fight me also.
never heard of this guy before? If his prediction is spot
on,seems like no media mentioned about his name and book?
