There Will Be No 25-Year Depression…”The good news is that there will be no 25-year recession…The bad news: It will be much worse than that.”

by Bill Bonner
ZeroHedge.com
05/06/2015

Good and Bad News

Today, we have bad news and good news. The good news is that there will be no 25-year recession. Nor will there be a depression that will last the rest of our lifetimes.

The bad news: It will be much worse than that. On Monday, the Dow rose another 43 points. Gold seems to be working its way back to the $1,200 level, where it feels most comfortable.

“A long depression” has been much discussed in the financial press. Several economists are predicting many years of sluggish or negative growth. It is the obvious consequence of several overlapping trends and existing conditions.

The Rest…HERE

This entry was posted on Wednesday, May 6th, 2015 at 1:23 pm and is filed under Conspiracy, Corruption, Economics, God Help Us, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.