TOLD YA SO —“We are experiencing a bubble, not in stock prices but in bond pri

TOLD YA SO

—“We are experiencing a bubble, not in stock prices but in bond prices. This is not discounted in the marketplace. …. when the bond-market bubble collapses, long-term interest rates will rise,” “We are moving into a different phase of the economy — to a stagflation not seen since the 1970s. That is not good for asset prices.”—

So far starting in 04/06 I have been spot on for economic episodes from 2008 – 2014, and 2017. And I am going to be right about 2020-2025.

I have been catastrophically wrong about china which I said would correct in 2010 – but then so has everyone. I have no idea how that place is not coming apart.

I have been working on my current project full time since 2009, and so I don’t worry too much about economics any longer because the profession is frozen.

If you are worried about finance, economics, and trade, rather than capital institutions, and demographics, you are already screwed.