A German in Spain
Posted: March 26th, 2009, 6:35 pm
I've been a subscriber to this guy's youtube channel for some time. He really does a good job providing specifics on economics instead of just spouting off like most do.
Anyway, he's predicting a wave of crushing deflation to take hold sometime between April 7 - May 5. Asset prices, stocks, bonds, etc. go down - way down. Meanwhile, he also says two things can happen at once - inflation and deflation. Food & commodities will continue to rise. He hints at a possible bank holiday. If you have a few $$ hidden in your mattress, you could be king of the county for a while.
http://www.youtube.com/watch?v=Re2fnIyIdQ0
A 10 minute video well worth the watch.
Anyway, he's predicting a wave of crushing deflation to take hold sometime between April 7 - May 5. Asset prices, stocks, bonds, etc. go down - way down. Meanwhile, he also says two things can happen at once - inflation and deflation. Food & commodities will continue to rise. He hints at a possible bank holiday. If you have a few $$ hidden in your mattress, you could be king of the county for a while.
http://www.youtube.com/watch?v=Re2fnIyIdQ0
A 10 minute video well worth the watch.