Here is an interesting article by Paul Farrell of Marketwatch.com.
America’s GDP has been falling and growth has stagnated. Since the crash of 2008, there was really no economic recovery, just a bunch of lies telling people things have gotten better.
The stock market took off, but the underlying economy has stagnated. By my estimation I think the stock markets will crumble this year and get progressively worse until 2017-2018.
The western nations are saddled with so much debt that the western countries (America, U.K, France, Germany, Japan) economy is going to collapse. There is no way that these nations can pay back the loans from the worthless bonds / treasuries that they sold to other countries.
A small crash is coming, followed by a rally then later on in the year, a bigger crash.
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