Well, there are seriously a lot of gurus out there on world economics. Similarly, they are lots of good books out there. The question is, how do we know he is a good or not so good gurus, look at their track records.
Another new inclusion, an interesting one as well is Martin Weiss, the junior of Irwing Weiss, who made a killing during the Great Depression in 1930.
Well, he is in the same deflationary depression club with Robert Prechter, Gary Shilling and Harry Dent. His latest book is the Ultimate Depression Survival Guide.
So, US and EU is overconsume and over geared and somewhere else in the world are overproduced and over invest and over saved. Could it be the BRICS? Well, one may argue the oversave countries can then produce for their own people. Well, it is always so interesting to read the world economy, it is so dynamic and illusive, because we are dealing with social moods of human being.
Mytake
My take is, if deflation does happen, save more cash for later, it would be bargain of the century, the Great Depression 2.0
Do not follow the crowd. In history, I have never heard that the majority got rich during a crisis, only a minority that does not follow the crowd that make a killing in investments.
Perhaps we can do a survey in the internet, like what Tun Mahathir did on the English for Mathemathics and Science, then do something difference from the majority. Remember, always think independently, because no one else in the world know your investment appetite, your holding power, your patience, your liking, you expertise etc.
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