International LEADERS Calling Market Crashes Years Ahead
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'Warned 2000 tech slide; predicted 2008 meltdown in 2007. Forecasted 2020 global economic collapse in 2011, AND NOW- BY 2050 - THE MOTHER OF ALL CRASHES"

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Here is the true problem with all this so-called Renewable Energy Malarky. Simple Greek logic... ' All Humans are Mortal ...

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Saturday, June 8, 2013

Marc Faber Blog - Signs of an Imminent Market Crash Are Here

Marc Faber Blog - Signs of an Imminent Market Crash Are Here

Well, what other predictions should we expect from the highly-regarded Dr.Gloom? Not that we disagree, but we do know that precise market timing is not a science and few have ever mastered the skill with any real degree of consistency. Still, because of the long period of record low interest rates the potential for a major collapse remains in the cards, Spiking borrowing costs will deflate most financial assets in a significant way - possibly by 50% or more. Spelling big troubles for the global financial system as well as markets.

That's not all we should worry about, as social unrest is still spreading through-out the world leading to further geo-political tensions. Should these tensions cause conflicts and lead to disruptions in the supply of oil - one result would be a spike in prices of 100% or more. More importantly, food costs which have shown a high correlation with oil, would move in tandem with oil's upward price increase. Not good: as it will again lead to deeper and broader social unrest  turning to geo-political tensions, and then again spikes in the price of oil along with other non-renewal energy resources.

The picture is not good, as once the snowball begins to roll down the hill, the social-political-economic avalanche may set the stage for humanity's final chapter. Sound familiar?

Dr Peter G Kinesa
June 8, 2013 

Pending Avalanche?

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