Former IMF chief economist, 15 yrs ago, in May 2009. Said we had a decade or so to fix structural issues revealed by the GFC, then sh*t would get real. What we are watching now is essentially the universe saying “Time’s up.”
|
||||||||||||||||||||||||
In our opinion, any “depression” will be real, not nominal.
|
||||
3/ What is a “real” v “nominal” depression?
In a nominal depression, most everything goes down in USD terms.
In a real depression, most everything goes down in gold terms, but up in USD terms.
WordPress’d from my personal iPhone, 650-283-8008, number that Steve Jobs texted me on
https://www.YouTube.com/watch?v=ejeIz4EhoJ0
Duck9 is a credit score prep program that is like a Kaplan or Princeton Review test preparation service. We don't teach beating the SAT, but we do get you to a higher credit FICO score using secret methods that have gotten us on TV, Congress and newspaper articles. Say hi or check out some of our free resources before you pay for a thing. You can also text the CEO:
